Speculation mounts over Royal post

Acher was recently appointed honorary treasurer to the Queen’s Golden Jubilee and will retire from KPMG at the end of this year.

The current holder of the post, essentially finance director to the Queen, is Sir Michael Peat, who is hotly tipped to become private secretary to Prince Charles within the next 12 months.

Sir Michael is also from KPMG and was with one of its legacy firms Peat Marwick Mitchell, the firm where Acher began his career.

KPMG has many royal connections. Former partner Mike Gibbons became private secretary to Princess Diana shortly before her death.

The issue emerges as Buckingham Palace undergoes restorative work (above) ahead of next year’s Golden Jubilee celebrations.

Another contender for the royal post could be Peter Smith, former UK senior partner with PricewaterhouseCoopers, who retired from the firm in December. His reputation at PwC was for being ‘low profile and conservative’, essential qualifications for the privy purse post.

A spokesman for KPMG said: ‘We do not comment on speculation.’


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