Nicolaisen replaces Robert Herdman, who resigned in November following the William Webster fiasco, and said he would demand that ‘people act with integrity and ethics’.
‘As a regulator, I will ensure that investor interests are put above the interests of all others’.
Besides being the main driver behind auditing matters, he will also liase with the accounting watchdog, the Public Company Accounting Oversight Board.
His appointment comes just a day after one his colleagues, Richard Scalzo, a PricewaterhouseCoopers’ partner was banned for life from acting as an auditor of a public company. Scalzo previously headed up the audit at scandal-hit conglomerate Tyco.
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks
The firm reports 7.6% global fee income growth for the year ending 31 December 2016