PracticeAuditDame Barbara replaces Sir John at POB

Dame Barbara replaces Sir John at POB

Dame Barbara has dealt with several financial fraud cases, including those that involved BCCI and Guinness

Dame
Barbara Mills
is to take over the chair of the Professional Oversight Board,
replacing Sir John Bourn, who earlier this year announced that he will step down
from the role after serving more than two full terms.

Dame Barbara’s distinguished career includes that of Adjudicator for Her
Majesty’s Revenue and Customs since 1999, her appointment as a Queen’s Counsel
in 1986, appointed a Department of Trade and Industry Inspector, and her
appointment as Director of the Serious Fraud Office.

She has dealt with several financial fraud cases, including high profile
cases that involved BCCI and Guinness.

Dame Barbara was also Director of Public Prosecutions from 1992 to 1997.

Commenting on the appointment, Sir Christopher Hogg, FRC Chair, said:
‘I am delighted that Dame Barbara has agreed to become the next Chair of the
POB. I am confident that her wide and deep experience of public service in
general and of the law relating to financial practice in particular will be of
great value not only to the POB, but also to the FRC as a whole.’

Sir Christopher also paid tribute to Sir John Bourn.

‘John has made a huge contribution to the FRC and the POB through a period of
substantial change for both and, on behalf of the Board, I want to express our
great appreciation. I am also grateful that during an especially busy time for
the POB he agreed to stay on beyond the expiry of his last term until his
successor had been chosen and could take office. We are fortunate that he will
continue as an adviser to the FRC,’ he said.

Further reading:

Whitehall attacked by former chief auditor

PAC enforces NAO shake-up

Related Articles

Is predictive analytics the end of the annual audit?

Audit Is predictive analytics the end of the annual audit?

6d Martin Herron, MHA MacIntyre Hudson
Auditors ‘in the dock’ over Carillion as report calls for Big Four break-up

Audit Auditors ‘in the dock’ over Carillion as report calls for Big Four break-up

2w Emma Smith, Managing Editor
PCAOB sanctions former Deloitte Turkey CEOs over altered documents

Audit PCAOB sanctions former Deloitte Turkey CEOs over altered documents

2w Alia Shoaib, Reporter
KPMG South Africa to review past audit work amid fresh scandal

Audit KPMG South Africa to review past audit work amid fresh scandal

1m Alia Shoaib, Reporter
FRC introduces £10m sanctions for Big Four firms

Audit FRC introduces £10m sanctions for Big Four firms

2m Alia Shoaib, Reporter
Ukraine’s PrivatBank files $3bn claim against PwC

Audit Ukraine’s PrivatBank files $3bn claim against PwC

2m Alia Shoaib, Reporter
Grant Thornton to exit FTSE 350 audit market, citing Big Four dominance

Audit Grant Thornton to exit FTSE 350 audit market, citing Big Four dominance

2m Alia Shoaib, Reporter
Big Four dominate FTSE 250 audit market in Q1 rankings

Audit Big Four dominate FTSE 250 audit market in Q1 rankings

3m Alia Shoaib, Reporter