Sir Christopher Hogg has been asked to stay on as chair of the FRC for an extra year to make sure that the watchdog's governance changes are firmly in place.
Gareth Thomas, Under Secretary of State for Trade and Consumer Affairs,
'Sir Christopher has done much good work as Chair of the FRC, in particular in
putting in place new governance arrangements for the FRC. I have asked him to
stay on for an additional year to ensure that the changes are fully bedded
down.'
Sir Christopher's term was set to finish on 31 December 2008, but he will now stay in the post until 31 December 2009.
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