Parjinder began his three-year term as the lay chair of the ICAEW Regulatory Board (IRB) on Monday (12 May 2025).

Parjinder has twice served as acting chair of the IRB, most recently since February following the departure of the former chair, Paul Brooks, who stepped down for personal reasons. 

With extensive experience in public sector leadership within policing and healthcare, Parjinder brings a wealth of board-level expertise to the role, and having led the IRB as acting chair has a strong understanding of the governance requirements underpinning ICAEW’s regulatory and disciplinary responsibilities.

The IRB oversees ICAEW’s regulatory and disciplinary functions to ensure they serve the public interest and bolster trust in the profession. Established in 2014, the Board maintains parity between lay and chartered accountant members, enhancing the distinction between ICAEW’s representative and regulatory roles.

Parjinder Basra, incoming IRB Chair, said: "I’m delighted to have been appointed Chair of the IRB. Acting in the public interest is vital to upholding the reputation of ICAEW Chartered Accountants, and the IRB has a central role to play in ensuring high standards of regulation and conduct. In a time of immense societal, economic, and technological change, my priority is to ensure we are adapting swiftly, as an improvement regulator, to address any emerging risks.

“I would like to extend my sincere thanks to Paul Brooks for his outstanding leadership of the Board. I look forward to working alongside my fellow Board members to finalise and deliver our new regulation and conduct strategy, ensuring we continue to safeguard the public interest."

Peter Wyman, Chair of the ICAEW Board, said: “I congratulate Parjinder on his appointment and look forward to working with him as we deliver the new strategy.

“Chartered accountants play a crucial role in strengthening trust and acting in the public interest, and I’m confident that the IRB will continue to meet its responsibilities as an effective improvement regulator under Parjinder’s leadership.

“I would also like to extend my thanks to Paul Brooks for his service as IRB Chair and acknowledge his great contribution to ICAEW over the past 20 years, from his early involvement as a member of the Investment Business Committee through to his leadership of the IRB since last summer.”

ENDS

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