The Institute of Chartered Accountants in Malawi (Icam) has announced the departure of its chief executive officer (CEO) Evelyn Mwapasa, whose contract comes to an end in February 2017.
Icam president Henry Chowawa said in a statement on Friday that Tifapi Jere, who is currently the director of learning and professional development of the accountancy body, will act as CEO until a new one is appointed.
Reads the statement in part: “We write to inform all stakeholders and partners that the chief executive officer of the Institute of Chartered Accountants in Malawi, Evelyn Mwapasa, will be leaving the institute at the end of her current contract to pursue another challenge.”
Mwapasa has been at the helm of Icam since April 1 2013, according to the statement.
On the other hand, the acting CEO, Jere has been with the institute since its inception on April 1 2014 having worked for the Public Accountants Examination Council (Paec) for 23 years in the roles of deputy CEO and CEO.
“He was CEO of Paec at the time Paec and the Society of Accountants in Malawi [Socam] were merging to form Icam,” reads the statement.
Icam, a professional accountancy body, was established after Paec and Socam merged following the enactment of Public Accountants and Auditors Act number 5 of 2013.
Icam is a member of International Federation of Accountants and Pan African Federation of Accountants.
Mwapasa onced served as commissioner of Public Service Reform Commission, which was being chaired by Vice-President Saulos Chilima. n