FortisTCI President and CEO Ruth Forbes has been nominated by the Institute of Management Accountants (IMA) to serve on the International Federation of Accountants' Professional Accountants in Business Advisory Group (IFAC PAIB).
Mrs. Forbes's appointment to the IFAC PAIB Advisory Group is for a period of three years, ending on December 31, 2026. The PAIB's Advisory Group is a global corps of business and finance leaders who consider and address trends affecting business and public sector organizations and their professional accountants. The group welcomes members who, by their experiences, are knowledgeable about the demands and needs of organizations and the business environment and recognize the importance of accountancy professionalism and expertise to their success. The group advocates for professional accountants in business and supports effective corporate governance. The PAIB's Advisory Group members are nominated by a professional accounting organization.
As the IMA's representative, Mrs. Forbes will contribute to the IFAC PAIB Advisory Group's strategic involvement in business and accountancy matters, support IFAC's initiatives and projects, and be involved in stakeholder engagement across the global accounting profession.
Mrs. Forbes commented on her appointment, "It is a special honour for me to be nominated to serve on IFAC's PAIB Advisory Group, and a remarkable opportunity to represent the accounting profession on this global body. The profession plays a significant role in shaping the strategic direction, governance framework, and, ultimately, the success of private sector companies and public organizations.
"I look forward to helping the PAIB Advisory Group advance the accounting profession and nurturing the relationships that I will develop with my global colleagues. I am thankful that through this appointment, I can also contribute to the profession's evolution and help guide the next generation of leaders."
Mrs. Forbes is a Certified Management Accountant (CMA) and a Certified Public Accountant (CPA). She has a Bachelor's degree in Accounting from Barry University. She also completed the Directors Education Program and received the ICD.D designation from the Institute of Corporate Directors through the University of Toronto - Rotman School of Management.
Mrs. Forbes has served as President and CEO of FortisTCI since 2020. She is one of the few female CEOs in the utility sector serving the Caribbean region. She also was Senior Vice President of Corporate Services, Chief Financial Officer, and Company Secretary at FortisTCI and has 17 years of experience in the energy industry.
She serves as a Director on the boards of FortisOntario and Fortis Belize Limited. She is also a Director on the board of The Caribbean Electric Utility Services Corporation (CARILEC). She has served for three years as the Governor's Appointed Member of the Public Accounts Committee of the Turks and Caicos Islands.
