LAURA CARSTENSEN, one of the chief architects of new rules that have shaken up the large listed audit market, has taken a non-executive chairmanship with multi-retailer gift voucher provider Park.
The former deputy chair of the then Competition Commission succeeds Peter Johnson, who relinquishes his role 3 June 2016.
Carstensen played a key role in moves to reform the audit market and increase competition in the FTSE 350 market.
She is a former partner in Slaughter and May where she specialised in competition and regulation law until she left the firm in 2005.
Carstensen is currently a commissioner of the Equality & Human Rights Commission, leading among other projects the recent report on gender diversity on FTSE 350 boards and a Trustee of National Museums Liverpool. She has been a non-executive director of the Co-operative Bank PLC since 2014, and is chair of its Values and Ethics Committee.
Park CEO Chris Houghton said: “The appointment of Laura as non-executive chairman is excellent for Park. She has extensive city and PLC experience in financial services, as well as a strong background in corporate governance and, having been with us for some time now, has a thorough understanding of our business. We look forward to a seamless transition and working with her as Park continues to evolve and grow.”
Accountancy Age Jobs is delighted to announce the launch of a brand new look website for finance and accountancy professionals
The UK gender pay gap will not close until 2069 unless action is taken to tackle it now, according to new research by Deloitte
Internal auditors are earn more than external consulting auditors, analysis by salary-bench marking site Emolument.com has found
ICAS and the FRC have called for action to prevent a potential audit skills gap in the future, with the launch of a new report