Keegan to leave ASB for top Treasury job
Mary Keegan is to leave her position as chairman of the UK Accounting Standards Board after landing the position of managing director, financial management, reporting and audit at the Treasury.
Keegan will replace Professor Sir Andrew Likierman in July, who is returning to the London Business School after ten years in the post. The board level appointment hands Keegan the responsibility of looking after accountability in public finance. She will also act as the Treasury’s finance director.
‘I am delighted to welcome Mary Keegan to the Treasury,’ said chancellor Gordon Brown. ‘She has an outstanding track record in the financial world and will bring with her a wealth of experience and expertise in the crucial areas of financial management and accounting.’
The ASB confirmed that Keegan would be leaving her post but that the process of finding her replacement was not yet underway.