The accounting occupation within the Caribbean is poised for a renewed period of collaboration and innovation with the election of the previous president of the Institute of Chartered Accountants of Jamaica (ICAJ), Sixto Coy, as president of the Institute of Chartered Accountants of the Caribbean (ICAC).
The announcement was made in the course of the ICAC’s Annual Basic Assembly, held on June 19, 2025, in Miami, Florida.
Mr. Coy’s elevation to the area’s highest skilled accounting workplace marks a proud second for the ICAJ, the place he beforehand served with distinction as president from 2019 to 2021.
A seasoned chief with a long time of expertise in each follow and public service, Mr. Coy now takes the helm of an organisation that connects over 4,000 professionals throughout the English-speaking Caribbean.
“I felt profoundly honoured to be trusted with the duty of this function and to signify the complete Caribbean area,” Mr. Coy shared, reflecting on the boldness positioned in him by the ICAC Board. “This can be a pivotal time for the occupation, and I’m able to embrace this new chapter with enthusiasm and a transparent imaginative and prescient.” He stated.
ICAJ President Eric Scott praised Mr. Coy’s election as each a private milestone and a second of collective pleasure.
“The ICAJ is extremely proud to see our esteemed previous president, Mr. Sixto Coy, elected to steer the ICAC,” Scott stated. “Sixto has at all times introduced a deep dedication to service, innovation, and moral management. We’re assured he’ll proceed to raise the occupation on the regional stage, simply as he has completed in Jamaica.”
Mr. Coy’s intensive skilled background underpins this confidence. He at the moment serves as managing accomplice at HLB Mair Russell Chartered Accountants. Through the years, he has held a number of management positions, together with Instant Previous President of the Rotary Membership of Kingston and Jamaica’s Worldwide Meeting Consultant to the Affiliation of Chartered Licensed Accountants (ACCA). These various roles, he says, have considerably formed his understanding of each regional priorities and international tendencies, making ready him for this pivotal management.
As he begins his 2025–2027 time period, Mr. Coy has outlined a targeted agenda for the ICAC. Key priorities embody strengthening relationships with the ICAJ and worldwide our bodies like ACCA and the Worldwide Federation of Accountants (IFAC); selling the strategic use of know-how throughout the occupation; and supporting regional efforts to undertake Environmental, Social, and Governance (ESG) Reporting Requirements.
Past these strategic priorities, Mr. Coy additionally issued a broader name to motion for the occupation in his set up handle.
“Throughout this era of speedy change and crises that ripple throughout continents, the function of the skilled accountant has turn out to be more and more vital. I encourage us all to proceed to be stewards of belief,” he stated. “In these unprecedented instances, belief is not only a advantage; it’s a aggressive benefit. We should embrace this duty with competence and braveness. We should be regular palms when the tide adjustments. As accountants, when uncertainty will increase, we should not look away… we should look deeper as we assist to navigate the challenges.”
Because the ICAC charts a course by way of advanced and evolving international challenges, Mr. Coy’s presidency alerts a grounded but formidable future for accountancy within the Caribbean,one constructed on integrity, adaptability, and imaginative and prescient. This shared imaginative and prescient units the stage for even stronger collaboration between the ICAC and the ICAJ.
ICAJ President Eric Scott famous, “The ICAJ seems to be ahead to continued sturdy collaboration with the ICAC underneath Mr. Coy’s visionary management. We’re excited by the prospect of working hand-in-hand to additional elevate the requirements, embrace innovation, and champion the important function of accounting professionals throughout the complete Caribbean area. His presidency really marks a brand new chapter of shared progress and affect for the advantage of all.”
