ACCA is governed by its Council. It consists of 36 ACCA members elected by our membership, who together reflect the diverse and global nature of our professional body. Their role is to safeguard ACCA’s future, and ensure we deliver on our Royal Charter commitments. ACCA’s Council provides oversight of both our current strategy and longer-term global development.
After one year’s service, Council members join one of the six Council standing committees, based on their skills and experience. Council biographies – including the Committees they serve on – can be accessed here.
Council members by gender
- Female 44%
- Male 56%
Council members by region
- Americas 3%
- Asia Pacific 33%
- E. Europe 11%
- MENASA 6%
- SSA 8%
- W. Europe 39%
ACCA’s Executive Team is led by the chief executive, with four executive directors and two non-executive advisers. It’s responsible for delivering our agreed strategy and leading ACCA’s operations.
Senior management is supported by a wider global leadership group of directors and other senior employees.
Executive Team demographics
All ET members are currently based in the UK.
Senior management remuneration
Council’s Remuneration Committee agrees the KPIs which will determine the bonus payment for the Executive Team annually. This reward solution is structured to drive behaviour and performance that is appropriate for ACCA and includes all the measures and targets agreed by Council (all of which are externally audited). In 2016-17, ACCA achieved four of its six strategic KPIs, which triggered the release of the reward pool.
The total salary (including bonus and allowances) and benefits of the Chief Executive in the year ended 31 March 2017 was £383,915 (year ended 31 March 2016: £370,746). This includes a fixed non-pensionable allowance in lieu of pension benefits, introduced in August 2013 when the Chief Executive agreed to vary her contract of employment following the closure of the defined benefit pension scheme and an additional allowance in lieu of pension contributions. Excluding the ‘pension’ allowances referred to above, and to give a ‘like for like’ comparison, the total salary and benefits for the Chief Executive in the year ended 31 March 2017 was £343,082 (year ended 31 March 2016: £330,284).
The two independent non-executive advisors receive remuneration on a fixed attendance fee basis.
When reviewing the salaries of the members of the Executive Team, the Remuneration Committee takes into account the salary increases applying to the rest of the work force and external benchmark data. External benchmark data is obtained on pay in other professional membership associations (including a sub group of accountancy associations) and general industry data for organisations of a similar size.
The annual salary review for all staff occurs in April. The salaries of the Executive Team increased by 1.5%, in line with other employees. This came into effect from 1 April 2016.
The base salaries of the Chief Executive and Executive Directors at 31 March 2017 are shown below on a banded basis:
|Number of employees (2016/17)||Number of employees (2015/16)|