Bishop Fleming partner named president of prestigious accountancy network
A partner from one of the UK’s leading tax firms has been appointed to the prestigious role of president in an announcement by the Institute of Chartered Accountants in England and Wales (ICAEW).
Caroline Smale (pictured), a partner who leads the Risk and Compliance team at Bishop Fleming, has become ICAEW President for 2026/27 and will represent more than 210,000 members and students around the world.
As president, Caroline will support the implementation of the ICAEW strategy, Direction 2030, which focuses on equipping members with the skills for the future; upholding public trust and professional integrity; and building resilience across the profession.
Her priorities for the year will centre on supporting ICAEW members to thrive in a rapidly changing world, shaped by emerging technologies and an evolving regulatory landscape.
She will also focus on enhancing accessibility into the profession and promoting greater diversity of new talent.
Caroline said: “I am incredibly proud to take on this role as ICAEW President. The finance profession is a force for good, helping organisations make sound decisions, and ultimately, supporting businesses to grow, create jobs and invest.”
“That is why, in my time as President, my aims echo the ICAEW strategy in supporting the profession to flourish. I want to ensure accountants remain at the cutting edge of digital transformation, promoting sustainability, and changing market needs.
“I am keen to increase resilience by empowering professionals and firms to navigate economic uncertainty, workforce pressures, and evolving technical standards – all of which is underpinned by high ethical standards and protecting the public interest.”
“As president, I will champion a profession that is inclusive, forward-looking and encourages talent from every background because the future strength of the profession depends on the opportunities we create today.”
Andrew Sandiford, CEO and Managing Partner added: “On behalf of everyone at Bishop Fleming, I am delighted to congratulate Caroline on her appointment as President of ICAEW.
This is a richly deserved personal achievement, reflecting her long-standing contribution to the profession, her leadership and her commitment to its future.
To have one of our partners representing the profession at its highest level is also a proud moment for our firm too.
It reinforces the strength of our people and our continued role in shaping the future of accountancy. We wish Caroline every success in the year ahead.”
Caroline began her career as a graduate trainee at mid-tier firm Bishop Fleming in 1988, qualifying as a chartered accountant in 1992. She has been with the firm for almost 40 years, with roles spanning audit manager to risk partner.
Additionally, Caroline has served as President of ICAEW South West and was an ICAEW council member for the South West.
She was also past chair of both ICAEW Practice Committee and ICAEW Members and Commercial Board. Wherever possible she supports female and younger members and has a mentoring role within the firm.