FSA executive to join FRC

Link: The Debate: The role of the FRC

Boyle is an accountant and has been finance director at a number of leading plcs including WH Smith and Cadbury Schweppes.

He will join the FRC alongside a number of other senior appointment as the beefed-up regulator assumes its full powers as financial reporting, auditing and accountancy watchdog.

Paul George, a former audit partner at KPMG, will become director of the new Professional Oversight Board for Accountancy (POBA), a subsidiary body of the FRC.

The Audit Inspection Unit, part of POBA, will come under the directorship of Andrew Jones, also a former KPMG audit partner, while Michael Lewington will replace Ann Wilks as FRC secretary.

Sir Bryan Nicholson, chairman of the FRC said: ‘I am very pleased that we have identified such outstanding people to join the FRC and take on these important roles at such a key time in the development of the new regulatory structure.’

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