Past Presidents

Ms. Jasmine Y. Davis, CPA, CA

President
Institute of Chartered Accountants of the Caribbean
2015 - 2017

Jasmine Y. Davis is the immediate Past President of the Institute of Chartered Accountants of the Caribbean (ICAC) and Vice President of Patient Finance at Doctors Hospital, the leading private medical facility in The Bahamas. A Certified Public Accountant CPA (Illinois 1998), member of the American Institute of Certified Public Accountants (AICPA) and licensed Chartered Accountant CA (Bahamas 2011), Jasmine entered the accountancy profession in The Bahamas in 1998 and received her training at PricewaterhouseCoopers. After leaving PwC, she held various top management positions in the Healthcare and Insurance Industry in The Bahamas.

She is a Past President of The Bahamas Institute of Chartered Accountants (BICA). At the national level, Ms. Davis co-chair’s BICAs Tax and Continuing Professional Education (CPE) Committees. She previously served as a Director of The Bahamas Financial Services Board (BFSB) and also represented the profession on the VAT Advisory Committee, the Bahamas Trade Commission Sub-Committee for the Financial Services Sector and the National Anti-Corruption Task Force which is responsible for the Mechanism of the Inter-American Convention Against Corruption (MESICIC), Anti-Money Laundering & Combating the Financing of Terrorism. Ms. Davis was also commissioned to chair the Ministry of Finance’s VAT Private Sector Education Task Force which is an integral part of the implementation of Value Added Tax in The Bahamas which occurred in January 2015.

During her tenure, she served as chair on the ICAC’s Education and Joint Seminar Committee. She also sat on the ICAC’s Regional Taxation and Monitoring Committees. In addition, she represented the ICAC on the Board of Trustees for the Caribbean Court of Justice Trust Fund (CCJTF). She is a graduate of Florida International University with a Bachelor of Accounting Degree and is a Society of Caribbean Accountants Association Scholar and a Moby Fund Scholar.

Mr Frank Myers, FCCA
President

Institute of Chartered Accountants of the Caribbean
2013 - 2015

Frank Myers was elected President in June 2013. As president of ICAC he was committed to continue to advance the goals of the ICAC for the benefit of the accountancy profession and to strengthen the role/contribution of the profession regionally and internationally. His vision for the ICAC was that the accountancy profession in the Caribbean is recognized and accepted as having a key role to play in the development of the economies and markets of the region.

Mr. Myers served as President of the Institute of Chartered Accountants of the Caribbean (ICAC) (June 2013 – 2015) and previously served as Vice President. He first joined the ICAC Board in 2001 and has served as Secretary of the ICAC (June 2010 – 2011) and Vice President (2011 – 2013). He also served as the representative for the Caribbean and the Americas on ACCA’s International Assembly (2006 –2009). He also served as President of the Institute of Chartered Accountants of the Eastern Caribbean (ICAEC), a position he held from 2006 - 2015.

Frank Myers, Assurance Partner and Head of Tax within KPMG Eastern Caribbean. In addition to his core functions as an Assurance Partner and Head of Tax within KPMG Eastern Caribbean, where he has practiced for the past 22 years, Mr. Myers has responsibility for Ethics and Independence, and Risk Management. He is also a former Chairman of the Public Service Commission in Saint Lucia (1997-2010) and has also provided community service as a member of the Lions Club of Saint Lucia, the Mental Health Association of Saint Lucia, and the Saint Lucia School for the Deaf. He is also a past president and an active member of the Rotary Club of Saint Lucia.

Ms. Joan Brathwaite, FCA, FCCA
President
Institute of Chartered Accountants of the Caribbean
2011 - 2013

Joan (Betty) Brathwaite has played a key role in the development of the accountancy profession regionally since she was first appointed to the ICAC Board in June 2001.  Prior to being elected President in 2011, she served as chair of the ICAC’s Membership Committee and the Task Force with responsibility for the review and amendment of the ICAC’s Articles of Association. She also chaired the Institute’s sub-committee appointed to formulate a Reciprocity Agreement to facilitate the free movement of accountancy professionals within region.  

As president of ICAC she was committed to advancing the goals of the ICAC and strengthening its role as a regional body. Her vision was to see the ICAC become a full institution within CARICOM with clear authority enshrined in the legal framework of CARICOM, and with all the benefits associated with a CARICOM organization. Discussions in this regard was advanced under leadership.

A past President of the Institute of Chartered Accountants of Barbados (ICAB), Ms. Brathwaite continues to serve as a Member of the ICAB Council. She has served as the Association of Certified Chartered Accountants (ACCA) International Assembly representative for Barbados and is also a former Vice-President of the Barbados Coalition of Service Industries.

Ms. Brathwaite is the Managing Partner with Deloitte & Touche, Barbados. She is Deloitte’s first female Managing Partner within its Caribbean and Bermuda Cluster (CBC) and has been a partner with Deloitte in Barbados since it was created in December 2004. In addition to her role as Managing Partner, she led the firm’s audit practice but relinquished this role in September 2014.  

She currently sits as a member of the Board of Directors of DCB Holdings Ltd, the entity which has oversight of Deloitte offices in the Caribbean and Bermuda (CBC) countries (Bahamas, Barbados, Bermuda, BVI, Cayman Islands and Trinidad & Tobago). She was a member of the Partners Advisory Group for the establishment of the inaugural Deloitte Americas Senior Managers School (SMS) and is part of the original faculty of the SMS.

Mr. Harryram Parmesar, FCCA
President
Institute of Chartered Accountants of the Caribbean
2009 – 2011

Harryram Parmesar was first appointed to the ICAC Board in 2001 and served as Vice-President, Secretary and Chairman of the ICAC’s Technical Committee prior to his election as President in June 2009. Under his leadership, a review of the ICAC’s Memorandum and Articles of Association was initiated with a view to strengthening the regulatory and governance structure of the ICAC. 

The Affiliation Agreement, which seeks to establish and maintain harmonized standards within the regional accountancy profession, was also entered into between the ICAC and its member bodies (regional institutes) during his tenure as president.

A past President of the Institute of Chartered Accountants of Guyana (ICAG), he continues to serve as a member of ICAG’s Council. He was also Guyana’s representative on the International Assembly of the Association of Chartered Certified Accountants (ACCA) from 2003 to 2009.

Mr. Parmesar is a Partner in the firm, Parmesar & Co., where he has responsibility for the day-to-day operation of the firm, managing over 20 staff and client services including Audit, Accounts, Taxation and Consultancy. He has over 31 years of experience in Assurance and Business Advisory Services, Taxation, Accounting, Systems Design and Implementation, and Corporate Secretarial Services.  He also has 20 years’ experience as a lecturer for the ACCA qualifications and has conducted many seminars on accounting, auditing and taxation.

He is the immediate past President of the Rotary Club of Georgetown and also served on the Executive of the Georgetown Cricket Club, the Georgetown Cricket Association and the Scouts Association of Guyana. He is also a Director for the Guyana Oil Company, Grace Kennedy Remittance Services, Demerara Distillers Limited, Demerara Bank Limited, Assuria Insurance (Gy) Inc and the St. Stanislus Board of Governor. He also represented the ICAC as a Trustee on the Caribbean Court of Justice from 2009 to 2014.

Ms. Angela Lee Loy, FCCA, CA
President
Institute of Chartered Accountants of the Caribbean
2007 - 2009 

Angela Lee Loy has the distinction of being elected the first female President of ICAC. She is also the first female President of the Institute of Chartered Accountants of Trinidad & Tobago (ICATT).

The ICAC’s initiative to implement a regional practice monitoring programme became a reality during her presidency with the formal signing of Memoranda of Understanding with the ACCA for the commencement of the programme in Barbados, Guyana and Trinidad and Tobago. The historic signing took place on June 27, 2008 during the opening ceremony of the ICAC’s Annual Caribbean Conference in Trinidad and Tobago. The practice monitoring programme is one of the most significant achievements of the accountancy profession in the Caribbean and has served to enhance quality assurance review systems within the profession.
 
Ms. Lee Loy is the Chairman of Aegis Business Solutions Limited, one of the first companies in Trinidad and Tobago to primarily focus on business outsourcing and advisory services to SMEs and foreign investors. Her professional experience spans over 40 years’ in Auditing and Business Advisory Services with Aegis and PricewaterhouseCoopers (PwC).

She is the former Trinidad and Tobago representative on the International Assembly of ACCA and was honored by the ACCA in 2008 with the Achievement Award for the Americas for her outstanding contribution to the accountancy profession and to business and society.

She is currently the President of the Trinidad and Tobago Coalition of Services Industries (TTCSI). Ms. Lee Loy serves on several Boards including Non-Executive Director and Chairman of the Audit committee for Prestige Holdings Limited and for 138 Student Living Jamaica Limited, both public companies. In addition, she is also Chairman and Non-Executive Director of the Audit committee of Gulf Insurance Limited and Non-Executive Director and member of the Audit committee of Assuria Life (T&T) Limited.  

Within the NGO sector, she is currently Chairman of the Music Literacy Trust; Chairman of the Social Justice Foundation and she also sits on the Finance Council of the Archdiocese of Port of Spain. Ms. Lee Loy is also the former Chairman of Trinidad and Tobago’s National AIDS Coordinating Committee (NACC) and she continues to play an integral role in the development of the NGO sector and business community in Trinidad and Tobago.

Mr. L. Garth Kiddoe, FCA, MSc
President
Institute of Chartered Accountants of the Caribbean
2005 - 2007 

Under the leadership of L. Garth Kiddoe, the ICAC’s application to be recognized as an Acknowledged Regional Grouping of the International Federation of Accountants (IFAC) was accepted and formal recognition was granted by IFAC in 2006. Consistent with this new mandate, he also advanced discussions with ACCA towards establishing a regional practice monitoring programme to assist members of ICAC who were also members of IFAC to improve their compliance with IFAC’s Statements of Member Obligations (SMOs).

A Chartered Accountant and a Professional Engineer, Mr Kiddoe, is also an Enterprise Consultant with experience in Corporate Governance, Accounting, Management, Accreditation Systems and procedures and Electrical Engineering. He is a past President of the Institute of Chartered Accountants of Jamaica (ICAJ) and also the Jamaica Institution of Engineers (JIE).

Mr. Kiddoe is a former Dean of the Faculty of Business and Management (now College of Business and Management) at UTech (the University of Technology, Jamaica), where he continues to serve as a part-time lecturer in Management. He is also a former Senior Director/Chief Financial Officer of the Jamaica Public Service Company Limited (JPS).

He is currently the Vice-President of the Public Accountancy Board and Chairman of the Board of the Jamaica Central Securities Depository Ltd, a subsidiary of the Jamaica Stock Exchange (JSE). He is also Chairman of the Board of Governors of the JSE e-Learning Campus and Chairman of the Professional Engineers Registration Board. In addition, he is a deputy Chairman of the Greater Caribbean Regional Engineering Accreditation System (GCREAS), an independent accreditation agency involving engineering professionals from Panama, the Dominican Republic and Jamaica.

Mr. Kiddoe is a founding member of the Private Sector Organization of Jamaica’s (PSOJ’s) Corporate Governance Committee on which he still serves and where he is currently chairing a sub-committee responsible for developing a Corporate Governance Code for Micro, Small and Medium Sized Entities.

Consistent with his strong public service orientation, he has been serving as a Returning Officer (Electoral Commission of Jamaica) for over three decades. He is the Principal Returning Officer for Kingston and St Andrew and Chairman of the Neighborhood Watch in his community.

Mr. Elson Jordan
President
Institute of Chartered Accountants of the Caribbean
2003 - 2005

During Elson Jordan's tenure as President, the ICAC was successful in achieving harmonisation of entry requirements for the region (a standard list of accrediting accounting bodies/accountancy qualifications that were approved and accepted by all member institutes). This was in an effort to facilitate the free movement of Chartered Accountants within the region in preparation for the implementation of the CSME.

Mr. Jordan was also instrumental in advancing the Institute’s efforts towards the implementation of a regional practice monitoring programme. Most noteworthy, the ICAC commissioned and installed its own flag as a symbol of a harmonized regional accountancy profession during his presidency. The ICAC flag, which is an important instrument, symbolic of the unity among member institutes and the identity of the ICAC brand, was formally launched at the 23rd annual Caribbean Conference of Accountants held in Belize in June 2005.

A past President of the Institute of Chartered Accountants of Barbados (ICAB), he also served as Chairman for ICAB's Administration Committee, Task Force on Limited Liability for Public Accountants in Barbados, the By-law Review Committee and the Newsletter and Disciplinary Committees.

Mr. Jordan is also a past President of the Certified General Accountants of Association of Canada (CGA) Barbados and a former member of the Board of Trustees of the Caribbean Court of Justice.

He is a regional finance, accounting and management professional with technical skills in the areas of international development [donor] and regional [member states] resource management and project management. His employment in the Finance Programme of the Caribbean Community (CARICOM) Secretariat since 2005, has afforded him the opportunity to influence and shape the design of major accounting development and strategic financial initiatives of the Secretariat. He is also actively engaged in all elements of the financial management of the CARICOM Secretariat.

Mr. Joel Edwards, CA, MSc
President
Institute of Chartered Accountants of the Caribbean
2001 - 2003 

As President of the ICAC, Joel Edward's vision was to foster a strong, cohesive and self-regulated profession in the region and to facilitate the establishment of a regional monitoring system to support the regulatory capacity of the profession within the Caribbean.

A Past President of the Institute of Chartered Accountants of Trinidad and Tobago (ICATT) from 1995 to 1998, he served as a member of the ICATT Council from 1992 to 2004.

He has held various managerial and executive positions in the fields of management information systems, internal auditing, corporate planning, strategic planning/business development, corporate services and financial controllership at a number of large private and public companies, prior to forming his own firm in 2006, The Cyber Consulting Group Limited, based in Trinidad and specializing in financial services, organization development and transformation and general management consulting.

Mr. Edwards has had a long and distinguished career in the Co-operative Credit Union Movement in Trinidad and Tobago, having served as the President of Grastaff Credit Union (now VENTURE Credit Union) from 1991 – 1994; a member of the Credit Union League’s Supervisory Committee for the period 1992-1993; a member of the Board of Directors of the Co-operative Development Bank from 1991 to1992 and as Chairman of the Trinidad and Tobago Credit Union Stabilization Board from 1993 – 1998.

In 1998, Mr. Edwards was appointed by the Minister of Labor and Co-operatives as Chairman of a Cabinet-appointed Committee mandated to develop a policy framework for the development of the Co-operative Sector in Trinidad & Tobago. In that year he was also appointed by the Minister of Social Development as a Member of the Social Displacement Board.

He has served as a member of the Board of Trustees of the Caribbean Court of Justice as well as on the Board of the Air Transport Licensing Authority and the National Quarries Company Limited. In 2014, he was appointed to the Trinidad and Tobago Integrity Commission.

Mr. Ronald Alli, FCA
President
Institute of Chartered Accountants of the Caribbean
1997-2001 

During his presidency, Ronald Alli actively spearheaded the establishment of a permanent Secretariat to ensure continuity and the effective implementation of the goals and objectives of the ICAC. The establishment of a fully functional Secretariat located in Jamaica was one of the most significant achievements of the ICAC. The Secretariat’s mandate is to facilitate the implementation of the strategic goals of the ICAC and to support the operations of the various regional committees of the Institute.

A past President of the Institute of Chartered Accountants of Guyana (ICAG), he was re-elected President of that Institute in 2013.

He is a partner of Jack A. Alli, Sons & Co., one of the leading public accounting firms in Guyana, in which he carries out duties in the areas of Financial Management and Business Planning, Auditing, Taxation in both the public and private sectors.  

Mr. Alli has served as a director of various professional organizations including:

• Member of the Board of Directors of Guyana Sugar Corporation (1993-2008)
• Chairman of the Board of Directors of Guyana Electricity Corporation (1996-1999)
• Member of the Board of Directors of Guyana Agriculture and Development Bank (1993-1995)
• Member of the Board of Directors of Guyana Bank for Trade and Industry (1994-1995)
• Member of the Board of Directors of Guyana Power & Light (2000-2003)
• Chairman of the Board of Directors of Guyana Power & Light (2003-2007)

He has actively served as a member of the Rotary Club of Georgetown and has held the position of Executive Committee member, Honorary Secretary and President of the Club. He is also a distinguished member of the Georgetown Cricket Club and has served in various capacities including Honorary Treasurer and Vice-President.

Senator Phillip Galanis, MBA, CPA, CA, JP
President
Institute of Chartered Accountants of the Caribbean
1995 - 1997 

Mr. Phillip Galanis assumed the position as President of the ICAC in 1995. At that time, he held the positions of Managing Partner, Ernst and Young and Senator in the Bahamas Parliament. As President of the ICAC, he sought to consolidate efforts towards the establishment of a regional accountancy qualification, as he firmly believed that the Institute should offer its own examination scheme.

A Certified Public Accountant, Senator Galanis is currently the Managing Partner of HLB Galanis & Co, a Chartered Accountancy firm, which he formed in 1998.
A past president of The Bahamas Institute of Chartered Accountants (BICA) from 1988 until 1992, Senator Galanis has been actively involved in Bahamian politics since September 1992, when he was appointed to the Senate of The Bahamas by the late Sir Lynden O. Pindling.

He held this position until February 1997 and in March 1997 was elected to Parliament. He served as a Member of Parliament until 2002 and in May 2002, he was again appointed to the Senate by Prime Minister Perry G. Christie.

He is a former lecturer in Accounting at the College of St. Benedict (Nassau Campus) and has served as a member of the Board of Directors of several organizations, including St. Augustine's College Board (1990-1992), the Financial Advisory Services Board, The Bahamas Electricity Corporation Board (1991-1992) and Global Life Insurance Company Ltd. (1995-1997).

Mr. Aulous Madden , OD, FCA, FCCA, FAIA
President
Institute of Chartered Accountants of the Caribbean
1988 - 1995

Having drafted the documents of proposal for the establishment of the Institute of Chartered Accountants of the Caribbean (ICAC), Aulous Madden was Chair of the steering committee that eventually oversaw the incorporation of the ICAC on October 28, 1988. During his seven-year tenure as founding President, he devoted himself to the development of the ICAC and forged linkages between member territories and affiliates and secured the support of the international accountancy profession.

He created history in 1996 when he became the first Caribbean Accountant to be elected to the ACCA Council. He was re-elected to the Council in 1999.

Since 1972, he has held the position of Senior Partner at the accounting firm, Aulous F. Madden & Company (now PKF) in Kingston, Jamaica. He is formerly the Chairman of the Caribbean Region of PKF Firms.

A past President of the Institute of Chartered Accountants of Jamaica (ICAJ), he was awarded the Order of Distinction in 1995 for his contribution to the accounting profession in Jamaica. At home, he has served as Vice-President of the Public Accountancy Board, on which he sat for 13 years. He has also been actively involved in the Private Sector Organization of Jamaica (PSOJ), having held the positions of Treasurer, Secretary and Vice President. For nine years, he also served as a member of Jamaica’s Parliamentary Integrity Commission, which monitors the financial status of Parliamentarians. In addition, he was one of the first three Commissioners with the Fair Trading Commission in the first three years of its existence.

Mr. Madden has authored various publications including: Guide to Business in Jamaica 1995 – 1996; Manual on Accounting and Internal Controls for Caribbean Cement Company and a report on The Impact of the Adoption of Globally Accepted Accounting Standards and Auditing Practices in the Caribbean.

A staunch advocate on behalf of the accounting profession, his influence has led to important achievements for the accountancy profession in the region. He still hopes to oversee the end to regulations that restrict accountants from cross border inter-regional practice.