Plaistowe is chairman of the present APB, which operates under the auspices of the Consultative Committee of Accountancy Bodies. The new APB will take over the functions of the present board with a largely new membership.
His appointment was one of three new chairmen announced by Lord Borrie to lead the operational boards of the Accountancy Foundation as part of a new system designed to monitor and regulate the profession.
Christopher Jones, a former president of the Royal Institution of Chartered Surveyors, was named as chairman of the Ethics Standards Board, and Michael Fogden, currently chairman of the executive committee of the Public Management and Policy Association, is to head the Investigation and Discipline Board.
After making the announcement, Lord Borrie said the Foundation was delighted with the appointments.
‘The appointments will give the new boards the best possible start as they tackle the tough challenges that await them,’ Borrie said.
‘They are good news for the regulatory system and for the accountancy world at large.’
The three operational boards will be monitored by the Accountancy Foundation?s review board, lead by Colin Reeves, the former finance chief of the National Health Service
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