UK FRC reveals new board
The former chief executive of the Institute of Chartered Accountants in England and Wales, Eric Anstee, and the former chairman of KPMG International, Michael Rake, are among the seven new non-executive directors of the UK Financial Reporting Council (FRC). The new board, which will consist of 16 members, will come into being on 1 November.
UK Maxwell named chairman of Forum of Firms
David Maxwell, Grant Thornton UK’s national management board partner, has been elected as chairman of the Forum of Firms. The forum was established in 2001 as part of the structure of the International Federation of Accountants. It aims to promote IFRS and IAS and encourage consistently high quality standards of financial reporting and audits worldwide. Maxwell, who was the managing partner of RSM Robson Rhodes before it merged with Grant Thornton UK, takes up the position immediately and will serve a three-year term. He is also the retiring chairman of the European Grouping of International Accounting Networks.
Australia M&A lawyer to head ASIC A highly experienced lawyer in mergers and acquisitions has been appointed as the Australian Securities and Investments Commission (ASIC) commissioner. Belinda Gibson, a specialist in corporate and securities law, begins her new role in November. She replaces ASIC commissioner Jeffrey Lucy, who will depart after four-and-a-half year’s service. Lucy has resigned to become chairman of the Australian Financial Reporting Council in December.
International UHY elects new chairman
UHY International revealed that John Wolfgang has taken over as global chairman from Ladislav Hornan. Wolfgang is the managing director of US firm UHY Advisers NY and was one of the founding board members of UHY International at its formation in 1986.