• Register
Return to: Home > News > Advisory > UK government names candidate for FRC chair

UK government names candidate for FRC chair

Simon Dingemans has been named as the government’s preferred candidate to the post of chair of the Financial Reporting Council (FRC). The House of Commons Business, Energy and Industrial Strategy Committee has been invited to hold a pre-appointment hearing and to report on Dingemans’ suitability for the post. This is in line with the government’s commitment to strengthen the role of Parliament in scrutinising major public appointments.

Pre-appointment hearings enable select committees to take evidence from preferred candidates for major public appointments before they are appointed. Hearings are in public and involve the select committee publishing a report setting out their views on the candidate’s suitability for the post. Pre-appointment hearings are non-binding but ministers will consider the committee’s views before deciding whether to proceed with an appointment.

Simon Dingemans will join at a crucial time for the audit regulator, which is going through a period of transformation to become the Audit, Reporting and Governance Authority.

Dingemans was until recently the chief financial officer and main board memember for GlaxoSmithKline. He stepped down in May 2019 after more than eight years with the company, having joined in 2011 from Goldman Sachs International where he was a managing director and partner.

Top Content

    South Africa: sensing new opportunities

    It has been an interesting couple of years for the profession in South Africa. A number of high-profile scandals have brought the profession and the role of auditors into sharp public focus, brewing a distrust towards accountants and a large expectations gap. Joe Pickard reports.

    read more

    Ghana: a quest for consistency

    Ghana’s current economic profile would suggest a fertile landscape for purveyors of accounting services. But inconsistent approaches to compliance and application of standards – coupled with problems in the banking sector and consequent liquidity constraints – have created a challenging environment. Paul Golden writes.

    read more

    Drone technology: audit takes to the skies

    The movement towards a digitised era has already impacted the auditing profession in a number of ways, from blockchain to artificial intelligence. Now firms are taking to sky and using drone technology in their audits. Mishelle Thurai speaks to Big Four firms to find out more.

    read more

    SBC: a new alliance joins the market

    Jonathan Minter speaks to Paul Tutin, chair of founding firm Streets Chartered Accountants, about why the business and its European partners took the decision to launch their own association.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.