The Chartered Institute of Management Accountants (CIMA) has picked Alfred Ramosedi as its 93rd president at the institute’s annual general meeting.

Ramosedi will also serve as the 11th co-chair of the Association of International Certified Professional Accountants, the global body jointly created by CIMA and the American Institute of CPAs (AICPA).

During his year in office, Ramosedi plans to concentrate on the future direction of finance and accounting, with particular attention to trust, the use of AI in the profession and creating pathways for upcoming professionals.

He will work alongside Association Chair Jan Lewis.

Ramosedi said: “The choices we make today – how we earn trust, embrace technology, lead through uncertainty and complexity, and invest in the next generation – will shape the future of finance and accounting.

“If we get those choices right, we will not simply keep pace with change; we will define it. I take on this role with humility and a strong sense of responsibility.”

Ramosedi has more than 30 years of experience in South Africa’s financial and professional services industries.

His involvement with CIMA spans decades. He became secretary of the CIMA Gauteng Branch in 1998 and, a year later, president of the South Africa Area Committee.

He helped set up the Southern Africa Regional Board in 2000 and was its first chairman from 2002 to 2009.

In 2009, he was co-opted onto the CIMA Council, where he served on the Global Markets, Marketing and Professional Standards Committees until 2011.

Ramosedi rejoined the CIMA Council in 2023 and also became a member of the Board of Directors of the Association of International Certified Professional Accountants.

Over the past year, he has been CIMA deputy president and currently sits on CIMA’s Appointments Committee and the CGMA Exam Board.

Additionally, CIMA members chose Matthew Hansard as deputy president.

Earlier this month, the AICPA and CIMA launched a new initiative called Rise2040: Shaping the Future of Finance and Accounting.