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FRC appoints John Hitchins as FRRP deputy chair

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THE FRC has appointed John Hitchins as deputy chair of its Financial Reporting Review Panel (FRRP) with affect from 1 June 2016.

Hitchins was a partner with PwC for 26 years until he retired in 2014. During this time, he specialised in bank auditing and advisory services and led the PwC network’s global IFRS technical group.

Additionally, he served as a member of the FCA practitioner and markets practitioner panels and as chairman of the ICAEW’s banking committee. He is currently chair of the audit committee at Aldermore Group.

David Childs, chair of the FRC’s conduct committee said: “John’s lengthy experience, knowledge of the profession and pragmatic approach, will help the panel continue to delivery high quality work and appropriate judgements. I am very grateful to Ian Wright, who stepped down as deputy chairman, for his excellent work over many years and I wish him well for the future.”

The FRRP comprises of individuals drawn from commerce and the professions to consider issues raised in respect of the Conduct Committee’s reviews of company reports and accounts.

As deputy chair of the FRRP, Hitchins will also be a member of the Corporate Reporting Review Committee, which has an active role in helping to ensure that the provision of financial information by public and large private companies complies with relevant reporting requirements.

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