PracticeAuditFRC announces new committee appointments

FRC announces new committee appointments

Keith Barton and Allister Wilson have now stepped down from the C&S Committee, the Actuarial Council and the Audit and Assurance Council

THE FRC is injecting some new blood into its Codes and Standards Committee (C&S) and changes to the membership of its advisory Councils.

Sue Harris, an independent NED and chair of the audit committee of AIM-listed biotech firm, Abcam and Bank of Ireland UK, joins Ashok Gupta, who chairs AA Insurance Services and eValue Investment Solutions – on the FRC’s C&S committee.

Harris is also a member of FRC’s Audit & Assurance Council, while Gupta serves on the Actuarial Council.

Meanwhile, Keith Barton and Allister Wilson have now stepped down from the C&S Committee, the Actuarial Council and the Audit & Assurance Council.

Other new appointees include PwC partner, Dominic Veney and Martin Burke who joined the FRC’s Actuarial Council. Stephen Oxley, a senior partner at KPMG, joins the Audit & Assurance Council as does Bryan Foss, an independent director with Motive Television.

Commenting on the appointments, Nick Land, Chair of the FRC’s Codes & Standards Committee, said: “Sue Harris brings with her a wealth of experience on the boards of large and mid-sized companies, as well as experience as an audit committee chair. Her long career in the financial services and retail sectors will bring clear benefit to the committee.

“Ashok Gupta brings an in-depth knowledge and experience of financial services, in particular, the insurance and pensions sectors where he concentrated his work. We also look forward to benefitting from the insight and advice of Dominic Veney and Martin Burke on the Actuarial Council and Stephen Oxley and Bryan Foss on the Audit and Assurance Council.”

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