Almanza crowned chief of FD group

The Hundred Group of Finance Directors is set to meet this Monday to anoint
its new chairman, BG Group FD Ashley Almanza.

Almanza takes the helm at the influential group as it carries out its
biennial transfer at the top.

Philip Broadley has stepped down after two years in which the group’s most
controversial intervention concerned its encouragement of joint audit proposals.

Senior figures said Almanza would have to offer sensible guidance on issues
like the credit crunch and standards. Peter Wyman of PwC said: ‘There’s a risk
that there is fallout from the credit crunch… at least some commentators [have
suggested] lets abolish fair value, a nonsensical view.’

Related reading