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Manuel Pietra Elected President of the International Consortium on Governmental Financial Management (ICGFM) for 2013-14


May 3, 2012

President & CEO of FreeBalance to lead influential organization dedicated to enhancing public financial management, citizen engagement, service delivery, government effectiveness and economic development.

Ottawa, Canada (May 3, 2012) FreeBalance, a leading vendor of Government Resource Planning (GRP) software, is pleased to announce that its President & CEO, Manuel Pietra, has been elected President of the International Consortium on Governmental Financial Management (ICGFM) for 2013-14. As President, Mr. Pietra will serve as the Chair of the Executive Committee and will provide vision and leadership to support the continued growth of the ICGFM as the world’s foremost community of PFM practitioners.

Mr. Pietra’s two-year term as President of the ICGFM begins in January 2013. “The ICGFM plays an important role in influencing the next generation of public financial management around the world,” said Mr. Pietra. “The ICGFM is committed to enhancing PFM and working with governments to improve accountability, transparency and service delivery to citizens. This is an important mission and there’s no question that the ICGFM is making a difference in the world.” Mr. Pietra will succeed current ICGFM President Linda Fealing when her tenure concludes at the end of the year.  Mr. Pietra will serve as President Elect at ICGFM for 2012.

The ICFGM is the only worldwide group of organizations and individuals focused on public financial management. The Consortium encourages members to work collaboratively to promote PFM knowledge sharing among public officials at all levels of government. FreeBalance is a Sustaining Member of the ICGFM and sits on the Board of Directors. Other ICGFM board members include representatives from the World Bank, International Monetary Fund, USAID, Inter-American Development Bank, Association of Government Accountants (USA), Development Gateway Foundation, Institute of Internal Auditors, and U.S. Government Accountability Office (GAO).

Mr. Pietra’s Presidency was announced at the 26th Annual International Consortium on Government Financial Management (ICGFM) conference taking place this week in Miami, Florida. The conference is being attended by delegations from more than 40 countries. The 2012 the program includes PFM expert speakers from around the globe including Austria, Cambodia, Canada, India, Jordan, Korea, Namibia, Nepal and the United Kingdom. A conference highlight is the first “Open Forum on PEFA” presented by the PEFA Secretariat on May 3 and 4. Public Expenditure and Financial Accountability (PEFA) assessments are used to evaluate PFM processes and government transparency. The PEFA Secretariat will present a new tool for PEFA assessments, describe trends in PFM performance, and introduce Phase 4 of the PEFA Program.

About Manuel Pietra

Manuel Pietra is the President & CEO of FreeBalance. He is a global executive with more than 25 years of successful management experience with companies in the United States, Canada, Europe, South Africa, and Latin America. Mr. Pietra has held executive positions on the boards of several international companies, participated in several successful IPO’s, and actively participated in the venture capital arena.

As President and CEO of FreeBalance, Mr. Pietra leads global growth strategies and customer engagement. Mr. Pietra has transformed FreeBalance into a customer-centric and socially responsible company.  His leadership and vision led the company to win the prestigious 2009 Canada Export Achievement Award. Most recently, Mr. Pietra won the 2011 Next Generation Executive of the Year Award sponsored by the Ottawa Centre for Research and Innovation (OCRI).

About FreeBalance
FreeBalance helps governments around the world leverage robust Government Resource Planning (GRP) technology to accelerate country growth. FreeBalance is a recognized leader in fast, adaptable and successful GRP implementations. FreeBalance software manages a global civil service workforce of 1,500,000, and a quarter trillion ($US) annual budgets worldwide. FreeBalance provides software solutions for public financial and human resource management, and supports reform and modernization to improve governance, transparency and accountability. Good governance is required to improve development results. For more information, visit

Working globally with governments, organizations, and individuals, the International Consortium on Governmental Financial Management (ICGFM) is dedicated to improving financial management by providing opportunities for professional development and information exchange. The ICGFM was established over two decades ago to serve as an international forum for public sector financial managers. More at


Media Contact:

Matthew Olivier
FreeBalance Inc.
(613) 301-9653

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Matthew Olivier

Matthew Olivier

Vice President, Marketing at FreeBalance
Matthew is responsible for providing strategic marketing, communication, and business development direction for FreeBalance products, solutions and services. Matthew leads marketing and business development activities to support FreeBalance growth and brand awareness in the GRP market.
Matthew Olivier

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