Accountancy

Government hunts for new UK accountancy watchdog chair amid industry overhaul

It promises an annual salary of £125,000 for two-and-a-half days a week

Keith Skeoch, the former chief executive of asset manager Standard Life, took on the role of interim chair in October 2020, after stepping down from his SLA role earlier in the year
Keith Skeoch, the former chief executive of asset manager Standard Life, took on the role of interim chair in October 2020, after stepping down from his SLA role earlier in the year Photo: Bloomberg via Getty Images

The UK government has begun a formal recruitment drive to hire a new chair to lead the board of the accounting regulator, replacing current interim chair Keith Skeoch who is due to depart in October.

A hiring notice for chair of the Financial Reporting Council is live online, advertised by the Department of Business, Energy and Industrial Strategy. It promises an annual salary of £125,000 for the two-and-a-half days required for the job per week.

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