Phil Parry’s background spans multiple sectors, including retail, hospitality, and more. Credit: Freedomz/Shutterstock.

The Institute of Chartered Accountants in England and Wales (ICAEW) has appointed Phil Parry as its new chief information officer (CIO).  

He will lead the development and implementation of ICAEW’s technology and AI solutions and will report directly to chief executive Alan Vallance. 

Parry has more than 20 years of experience in developing technology strategies and driving digital transformation.  

His background spans multiple sectors, including retail, hospitality, automotive, and property management.  

Before joining ICAEW, Parry served as CIO at McArthurGlen, a European designer outlet.  

During his six-year tenure, he spearheaded technology transformations, enhancing digital, data, business intelligence, and AI solutions.  

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He also improved user experiences for customers and employees across 11 countries. 

Vallance said: “Technology is critical to any business and key to our ongoing strategy and business objectives. Phil’s experience in delivering complex technology strategies will be hugely valuable as we continue to strengthen our IT systems, boost our digital capabilities and harness evolving technologies. I very much look forward to working with him.” 

Parry added: “I’m delighted to have joined ICAEW, and to have the opportunity to drive change and help the Institute harness technology.  

“Improving these capabilities is vital as we look to position ICAEW as a key player in a rapidly-evolving digital landscape, while delivering our strategic goals and ensuring the needs of members and key stakeholders are met.” 

Earlier in November 2024, ICAEW announced its strategy to combating procurement fraud, a global issue costing the economy approximately £2trn ($2.5trn) annually.  

According to PwC’s Global Economic Crime and Fraud Survey, procurement fraud affects 30% of organisations.