David Stanford, FCMA, CGMA

Vice Chairman, Association Board
President, CIMA

David was born and educated in London and after completing his education aged 16 at Hackney Downs (Grammar) School, formerly The Grocers Company, and a brief spell as an auditor he commenced his CIMA studies via distance learning while working as a cost clerk in the UK division of UniRoyal.

This was followed by positions in the motor trade and chemical manufacturing industries. Upon qualifying in his mid-twenties, he was appointed to the position of Financial Controller at Priory Furniture (part of the ABF group).

From 1975 to 1978 he held a senior finance role at Volex plc. He then was involved in business ventures related to the wholesale and retail distribution of jewelry. Between 1985 and 1988 he was Finance Director of Hybritek, the UK arm of Avnet Inc (a Fortune 500 Company). In 1988 he moved to the Parker and Franks Group, reporting directly to the Chairman/Owner as Group Financial Controller where he remained until 1993.

Between 1994 and 2006 David was Finance Director of GEC Covered Conductors, which was taken over firstly by TT Group plc and subsequently by IRCE Spa of Italy. He undertook several major-change management programs and oversaw the project for a new state of the art manufacturing facility as well as running a niche division of the company. Now retired, David spent his later working years as Finance Director of StorTech a specialist engineering company.

Since his student days David has been passionate about CIMA and has served on local, regional and global committees and boards. He was first elected to Council in October 1996 and has served continuously since then. He has chaired the Membership Board and three of CIMA’s policy committees during this period and was an active Membership Assessor for almost 20 years. He also regularly ran membership application workshops for CIMA students.

Currently, David devotes his time to managing his modest property portfolio and good causes. He was a joint founder of The North West Finance Awards and still chairs the judging panel; the annual awards ceremony has attracted up to 650 attendees.

David lives in Manchester with his wife, a senior NHS technician. His daughter is currently training at KPMG in London. In his spare time David enjoys words and numbers games and was a 2014 finalist on Channel 4’s Countdown program.