He will take up the role in June 2018 when the annual handover of offices takes place and, if everything goes according plan, he will become president in 2020/21.
Current vice president Fiona Wilkinson congratulated him on his election, particularly in the light of the strength of the competition he was up against. “It was fantastic to receive so many strong applications, all of whom showed great enthusiasm and commitment to ICAEW.
“I am thrilled that David will be taking the role of vice president and am excited to see the changes he will bring with him.”
Matthews, who is a member of the UK KPMG board and executive committee, has been with the firm since graduating from the London School of Economics in 1982.
He made audit partner in 1996 and over the past 20 years has worked with large multinationals including AstraZeneca, Bunzl, Diageo, Cadbury, Eurotunnel, Johnson Matthey, United Biscuits and VT Group. He is also experienced in IPOs transaction related advice and investigations.
Matthews joined the ICAEW council in 2010 and has been a member of the professional standard board. He currently serves on the ICAEW board and chairs its technical strategy board.
He said that he was looking forward to helping to address the challenges that the profession is currently facing.
“No ICAEW member is immune from the crisis of confidence in business; the volatile, uncertain business world; the impact of technology; increasing regulation, or the public scrutiny,” he explained.
“This means that rapid change in the skills and support that our current and future members will need is vital.”
The new vice president is also a Scottish chartered accountant.