PracticeConsultingNicholson takes the mantle of director and chairman at FRC.

Nicholson takes the mantle of director and chairman at FRC.

Sir Bryan Nicholson has been appointed as director and chairman of the Financial Reporting Council, taking over from Sir Sydney Lipworth.

The appointment, announced by trade secretary Stephen Byers and Bank of England governor Eddie George, will come into effect from 1 July, 2001.

The FRC oversees the activities of the Accounting Standards Board and the Financial Reporting Review Panel.

Sir Bryan, 68, is chairman of BUPA and manufacturers the Cookson Group, and holds non-executive directorships at GKN and Equitas Holdings.

Between 1993 and 1996 he was a deputy chairman of the Financial Reporting Council and is now a director of the Accountancy Foundation.

Stephen Byers said: ‘Further challenges lie ahead for the FRC, in particular maintaining the Accounting Standards Board’s high reputation for technical excellence in an environment of international accounting standard setting, and as we review the whole framework of company law.

‘I am delighted that Sir Bryan has agreed to take on the baton from Sir Sydney, and I know that given his experience and leadership the FRC will be in good hands.’

Related Articles

5 tips for SMEs to protect cash flow

Accounting Software 5 tips for SMEs to protect cash flow

5m Alia Shoaib, Reporter
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

11m Stephanie Wix, Writer
Managing partner Q&A - the year ahead: Richard Toone, CVR Global

Accounting Firms Managing partner Q&A - the year ahead: Richard Toone, CVR Global

12m Kevin Reed, Writer
Deloitte 'self-imposes exile' on government contracts to defuse PM row

Accounting Firms Deloitte 'self-imposes exile' on government contracts to defuse PM row

12m Kevin Reed, Writer
Managing partner Q&A - the year ahead: Julie Adams, Menzies

Accounting Firms Managing partner Q&A - the year ahead: Julie Adams, Menzies

12m Kevin Reed, Writer
Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

Business Regulation Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

1y Kevin Reed, Writer
Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

Audit Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

1y Kevin Reed, Writer
New head of equity capital markets for KPMG

Accounting Firms New head of equity capital markets for KPMG

1y Stephanie Wix, Writer