Paul Boyle to step down as FRC chief

Paul Boyle is stepping down as CEO of accountancy watchdog the Financial
Reporting Council.

Boyle joined as CEO for the then newly revamped body of the accounting and
financial reporting regulators in spring 2004. He will remain until a successor
is appointed.

FRC chairman Sir Christopher Hogg said Boyle had established the body UK and
international credibility.

‘I am sorry that he will be leaving but I have long been aware that it was
likely that he would want to move on after a five year tenure and that remains
the position,’ said Sir Christopher.

‘It has been a privilege to have been CEO of the FRC. The scope of the FRC’s
responsibilities is unusually wide amongst its international peers but I believe
that we have been able to demonstrate the merits of bringing together the
regulatory responsibilities for corporate governance, accounting, auditing and
actuarial practice,’ said Boyle.

‘The FRC is now well-established with a clear strategy and strong team and I
expect that it will continue to play a leading role in promoting confidence in
corporate reporting and governance in the UK.’

Further reading:

Accountancy Age
interview with Boyle last year

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