Scicluna to leave Lloyds audit committee role

by Kevin Reed

More from this author

26 Nov 2012

  • Comments

FORMER UK DELOITTE chairman Martin Scicluna is to leave his Lloyds Banking Group's non-executive role from March 2013.

Scicluna, who spent 12 years as Deloitte chairman between 1995 and 2007, is due to take the RSA chairman role from January. He has served with Lloyds as chairman of its audit committee.

Sir Win Bischoff, Lloyds chairman, said: "Martin has made a significant contribution during his time with Lloyds. His wise and constructive counsel as a director and particularly as chairman of our audit committee will be missed by the management and board alike. I would like to thank him for his commitment and sound judgment and on behalf of the board wish him continued success in the future."

Scicluna was cleared of wrongdoing by a tribunal from former accountancy watchdog the Joint Disciplinary Scheme in 2006, after allegations were made that he should have reported Deloitte auditor Stephen Ives to the ICAEW for misconduct in relation to the audit of Capital Corporation – a charge that was vigorously disputed by him and his firm.

Visitor comments

blog comments powered by Disqus

Add your comment

We won't publish your address

By submitting a comment you agree to abide by our Terms & Conditions

Your comment will be moderated before publication

  • Send


Financial Planner

The Ministry of Defence Surgeon General’s (SG) Finance Department, Lichfield, Staffordshire, Permanent, Full Time, £ £30,008




Get the latest financial news sent directly to your inbox

  • Best Practice
  • Business
  • Daily Newsletter
  • Essentials


Search for jobs
Click to search our database of all the latest accountancy roles

Create a profile
Click to set up your profile and let the best recruiters find you

Jobs by email
Sign up to receive regular updates with the latest roles suitable for you



Why budgeting fails: One management system is not enough

If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.


iXBRL: Taking stock. Looking forward

In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.