Finance director Ian Durrant will move to the chairman’s seat if a demerger
at commercial property empire Liberty International goes through.
Durrant, also a non-executive at pub owners Greene King, takes the promotion at
Capital & Counties following the company’s announcement to demerge into two
The £6.1bn property business, which owns the Olympia and Lakeside Shopping
Centre, has separated into Capital Shopping Centres and Capital &
The hunt is on to replace Durrant who took up the role in 2008. He was
previously CFO of SeaContainers and FD of Thistle Hotels.
Brendon Nelson leaves KPMG at the end of the month but won’t be gardening for
too long as he starts on the board of Royal Bank of Scotland
days later. Nelson, currently global chairman of KPMG’s financial services and
vice chairman of KPMG UK, takes up the non-executive role at RBS in early April.
Nelson succeeds Archie Hunt as chair of the audit committee for the bailed-out
Alex Steele takes the reins as FD at environmental and engineering
consultants Waterman. Steele trained with PricewaterhouseCoopers and spent
three years in the Sydney office before returning to London to focus on mid tier
companies. She took up residency at Waterman two years ago as group divisional
director of finance. She succeeds Graham Hiscocks who stays on as company
secretary and will focus on corporate governance.
KPMG has bolstered its financial management advisory division by recruiting
two partners and a director. Jacky Ross becomes partner having previously worked
at PwC and Ernst & Yong; Sheila Pringle takes on the associate partner role
joining from Deloitte where she spent six years in financial management. Joy
Voyle, who has previously worked at Ernst & Young and Cap Gemini, becomes
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Three former Tesco executives, including the former finance director of Tesco UK, have been charged with fraud by the Serious Fraud Office in relation to a £263m accounting scandal at the retailer.