Richard Chambers, president and CEO of The Institute of Internal Auditors since 2009, plans to step down from his post on March 31, 2021.
“Serving as CEO of The IIA has been the honor of a lifetime,” Chambers said in a statement, “but we are at a critical juncture. The association industry in general, and The IIA in particular, will likely look quite different post-COVID-19. The IIA has a strong foundation and outstanding leadership, so I am confident a new CEO with fresh ideas and perspectives will ably execute bold, decisive and agile strategies to address this new frontier.”
The IIA plans to immediately begin a global search for a new CEO.
Chambers is the ninth chief executive of the professional association of 200,000 members. He is credited with leading the organization to its highest levels of membership, certifications and financial performance, with revenue last year of more than $65 million and members in nearly 200 countries and territories.
“Richard has brought us through an incredible period of progress and stunning growth,” says Jenitha John, the newly elected global chair. “His passion and enthusiasm for internal auditing, and his global voice advocating for the value and importance of the profession, has elevated The IIA to incredible heights.”
In addition to his widely read weekly blog “Chambers on the Profession” and a social media presence of about 30,000 followers, Chambers is the author of three award-winning books: Lessons Learned on the Audit Trail (2014), Trusted Advisors: Key Attributes of Outstanding Internal Auditors (2017) and The Speed of Risk: Lessons Learned on the Audit Trail, 2nd Edition, which was released in 2019. He is at work on his fourth book.