He will hold the position for a term of 3 years from 1 May 2003 until 30 April 2006.
Among Pomeroy’s other ministerial appointments with remuneration is chair of the National Lottery Commission for which he earns £33,842 a year. He is also chair of Lloyd’s audit committee and formerly chair of the Prudential Supervisory Committee.
Pomeroy, a qualified accountant, has also worked as financial and economic advisor to UK regulators. For his new appointment at the Audit Commission Pomeroy will draw a salary of £15,000 a year on the basis of a time commitment of 4 days a month.
Sir Graham Hart and Elizabeth Filkin will both serve a second term as commissioners until 30 April 2004.
UK senior partner Phil Verity has been elected for a second term at Mazars
An audit partner has been appointed at Grant Thornton in its North West offices
KPMG has been appointed with “immediate” effect as the auditor of Dorcaster
The audit for Ibstock will be taken over by Deloitte following a competitive tender process