Rachel Grimes was appointed President in November 2016 after serving as Deputy President since 2014 and IFAC Board member since 2011.
Ms. Grimes was nominated by CPA Australia and Institute of Chartered Accountants Australia (ICAA), now the Chartered Accountants Australia and New Zealand. She chairs the IFAC Board’s Planning and Finance Committee and is a member of the Nominating Committee.
Ms Grimes is currently Chief Financial Officer, Group Technology Finance at Westpac Group, a multinational financial services firm. Previous to this, Ms Grimes was Director of Mergers and Acquisitions at Westpac. She has more than 25 years of experience across the financial services sector, working with Westpac and BT Financial Group as well as for the Big Four firm PwC.
Ms Grimes joined the ICAA in Australia in 1994 and advanced to Fellowship in 2002, before being appointed as a Director in 2006. Ms Grimes was appointed President of ICAA in 2011. She also held the offices of ICAA State Chair of the New South Wales Regional Council in 2004. Ms Grimes was Chair of the ICAA Executive Remuneration Committee, the ICAA Nominating Committee, and the Information and Communication Technology Sub-Committee. Ms. Grimes is a Chartered Accountant.