Charles Tilley steps down as CIMA chief executive

CHARLES TILLEY has ended his 15 year tenure as CEO of CIMA and will step down from his role on 31 July, the institute said.

Tilley, who was awarded an OBE for his services to the economy in the Queen’s New Year Honours List, will become the part time executive chairman of the newly established CGMA Research Foundation.

His departure comes a month after CIMA and AICPA members voted to establish a new accounting association, which will launch next year.

Tilley said: “With member endorsement achieved, the next step is to establish the Association, successfully implementing the integration of strategy, management and operations, laying the strongest possible foundations for the CGMA designation. At this next stage of the development of CIMA I believe the time is now right to stand down. I am enormously grateful to members, staff and partners for all they have contributed whilst I have been CEO”.

Among the more controversial incidents during Tilley’s tenure was CIMA’s long-running dispute with a former council member. The dispute ended after a judge overturned a CIMA ruling that had found May guilty of misconduct for disseminating a private and confidential letter from Tilley.