Mr Smith is a former partner of PKF Sydney and was also the 2003 president of the Institute of Chartered Accountants Australia. He is also a board member of CountPlus.

“I am delighted to announce that after a lengthy search, Mr David Smith has accepted the role as chief executive officer of Super IP,” Mr Lambert said.

“He is a highly regarded industry expert in the accounting and accounting software field and the ideal candidate to support our growth plans.”

Mr Smith will commence his role in early January 2014. Current chief executive officer Rajarshi Ray will be returning to the board as non-executive director, the company stated.