PracticeAuditAcher to head up Lotto audit committee

Acher to head up Lotto audit committee

One of the UK's most outspoken accountants is to become the chairman of the Lotto's audit committee after joining the board of the national lottery operator.

Link: Jubilee treasurer gets LVO

Gerry Acher, who until recently was the London senior partner of KPMG and treasurer of the Queen’s golden jubilee celebrations, has joined Camelot Group, the lottery operator, as a non-executive director, and will head the company’s audit, risk and security committees.

He will be taking over from fellow KPMG alumni Jim Butler, who is stepping down as Camelot’s non-executive deputy chairman. It is understood there are no current plans for Acher to become deputy chairman.

”I am delighted to be joining Camelot, a company which shares the same passions as I do, that of providing maximum funds for charitable and good causes. In my role as chairman of the committee I feel it is vital that Camelot is recognised as having an extremely high level corporate governance, social and ethical policies and financial transparency.’ Acher said.

Camelot has recently been hit by falling ticket sales for its lottery games, and is understood to be pushing for the opportunity to operate in other European countries.

The group is run by a consortium of companies which include Cadbury Schweppes, Consignia and De La Rue.

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