Wakeham’s departure will be seen as the first sign that Stephen Cooper, the restructuring expert appointed as interim chief executive last month, is asserting his authority over the troubled energy company.
Lord Wakeham, who was forced to step down from his position as chairman of the UK’s Press Complaints Commission, sat on Enron’s audit committee.
Other departing directors include Robert Jaedicke, a professor of accounting at Stanford University.
Wakeham, a chartered accountant, could also be the subject of an ICAEW investigation following complaints made by the TUC about his role in the Enron affair.
Simon Wright of CareersinAudit.com discusses how an effective cyber defence force is critical to businesses worldwide and how internal auditors can make the transition to a new career in cyber security
The FRC has said that the investigation will 'consider, but not be restricted to, issues regarding misstated accounting balances'
Craig Maxwell joins the audit and assurance team in Scotland
Stephen Grayson to join the audit department in Manchester