International Integrated Reporting Committee
chairman Sir Michael Peat has been appointed independent
non-executive for Deloitte UK.
Peat has spent 20 years working for the
British Royal Family where he has held the post of Keeper of the
Privy Purse and Treasurer to the Queen and most recently he has
served as private secretary to the Prince of Wales.
Peat was also previously a partner at
KPMG.
“I am delighted to be joining Deloitte. The
accountancy profession plays a vital role in underpinning the
integrity, trust and confidence which are essential prerequisites
for economic growth and prosperity, and I am very much looking
forward to being part of the profession again,” Peat said.
Peat is the final independent non-executive to
be appointed by Deloitte. He joins Gerry Grimstone and DeAnne
Julius who were appointed as independent non-executives earlier
this summer. The independent non-executives will sit on Deloitte’s
main board and form the majority on Deloitte’s Public Interest
Oversight Industry.
“The intention is for them to form an active
dialogue with the firm to help shape and influence our business,
not only in the interest of greater transparency, but also its
strategic direction and the way we work with clients,” Deloitte UK
chairman David Cruickshank said.
