Keegan to quit Treasury in spring

Dame Mary Keegan

Dame Mary Keegan

Dame Mary intends to take early retirement in the spring, the Treasury told
Accountancy Age.

Insiders have tipped Mal Singh, head of the finance professionalism team and
Dame Mary’s second-in-command, as a likely successor.

A Treasury spokesman said she would be leaving ‘some time in the spring’,
adding: ‘She agreed [her early retirement] with the home secretary in 2006. The
search will begin at some point in the future to find a suitable replacement. ‘

The news of Dame Mary’s departure comes as other public finance leaders
called for civil service FD wages to be brought into line with their private
sector counterparts.

The Treasury’s Financial Skills Advisory Panel, headed by CIPFA chief
executive Steve Freer, said: ‘[FD roles] should be supported by packages which
compete with the external market. While many people choose to work in the sector
for reasons other than financial gain, competitive remuneration remains an
important unresolved difficulty.‘

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