FRC appoints Chris Hodge as Executive Director of Strategy
News types: Staff/Board Announcements
Published: 13 November 2013
The Financial Reporting Council (FRC) announces the appointment of Chris Hodge as Executive Director of Strategy. Chris will have overall responsibility for the strategic direction and public perception of the FRC in the UK and internationally. Chris Hodge will report to the Chief Executive of the FRC, Stephen Haddrill and will sit on the Executive Committee. He will take up his role on 1 January 2014. Chris Hodge joined the FRC in 2004 and is currently Director Corporate Governance.
Commenting on this appointment, Chief Executive Stephen Haddrill said,
“Chris combines a deep understanding of the corporate governance agenda and the environment in which the FRC works, including in Westminster and Brussels. This will be invaluable to continuing the momentum that has built up behind the FRC’s strategy and our core aim to promote high quality corporate governance and reporting to foster investment.”
Chris Hodge said,
“I am looking forward to the challenge ahead as the FRC progresses its vital work of delivering to investors the means to evaluate risk effectively. The FRC’s strategy group is uniquely placed to demonstrate the effectiveness of the organisation in all its activities.”
The role of Executive Director of Strategy was established following the process of reform undergone by the FRC in 2012. Mridul Hegde who took up the role in 2012 has decided to leave the FRC in the new year.
Stephen Haddrill said,
“I am very grateful to Mridul for all that she has done over the last year, in particular helping to steer the FRC on a new strategic course in line with our ambition to be a more forceful and well recognised body.”
Notes to editors:
The FRC is responsible for promoting high quality corporate governance and reporting to foster investment. We set the UK Corporate Governance and Stewardship Codes as well as UK standards for accounting, auditing and actuarial work. We represent UK interests in international standard-setting. We also monitor and take action to promote the quality of corporate reporting and auditing. We operate independent disciplinary arrangements for accountants and actuaries; and oversee the regulatory activities of the accountancy and actuarial professional bodies.