FRC appoints Geoffrey Green to chair Financial Reporting Review Panel
News types: Staff/Board Announcements
Published: 8 January 2015
The Financial Reporting Council (FRC) announces the appointment of Geoffrey Green to chair its Financial Reporting Review Panel (FRRP). He will take up the position on 1 April 2015 when the current chair, Richard Fleck, steps down.
Geoffrey Green was Senior Partner of Ashurst LLP, a leading international law firm, from 1998 to 2008, following which he became Managing Partner, Asia for Ashurst, based in Hong Kong, until his retirement and return to the UK in 2013. He has extensive experience as a corporate lawyer, particularly advising on M&A transactions in the UK and internationally.
David Childs, Chair of the FRC’s Conduct Committee said:
“Geoffrey Green’s keen interest in corporate governance combined with his reputation as a highly regarded corporate lawyer make him an excellent appointment as Chair of the FRRP. He combines the intellectual rigour required for the role with a pragmatic approach, which will help the Panel continue to reach appropriate judgements. I am very grateful to Richard Fleck for his excellent chairmanship of the FRRP since 2012 and I wish him well for the future.”
The FRRP comprises individuals drawn from commerce and the professions to consider issues raised in respect of the Conduct Committee’s reviews of company reports and accounts. As Chair of the FRRP, Geoffrey Green is a member of the Conduct Committee and is also Chair of the Monitoring Committee, which has an active role in helping to ensure the consistency and quality of the FRC’s monitoring work in respect of accounting and audit.
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.