THE former senior partner of global law firm Ashurst has joined the FRC to chair its Financial Reporting Review Panel, the accounting watchdog has said.
Geoffrey Green, senior partner of Ashurst from 1998 to 2008, will replace Richard Fleck as chair of the FRRP – the regulator’s body responsible for reviewing company accounts at the UK’s largest listed businesses – on 1 April.
As chair of the FRRP, Green will be a member of the FRC’s disciplinary arm and will also chair its Monitoring Committee, which oversees the consistency and quality of the FRC’s monitoring of accounting and audit.
“Geoffrey Green’s keen interest in corporate governance combined with his reputation as a highly regarded corporate lawyer makes him an excellent appointment. He combines the intellectual rigour required for the role with a pragmatic approach, which will help the Panel continue to reach appropriate judgements,” said David Childs, Chair of the FRC’s Conduct Committee.
Green also served as 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.
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.