Articles - DWP appoints new lead non-executive


 The Department for Work and Pensions has appointed a new lead non-executive member of the Departmental Board. Dame Clara Furse takes over from Sir Ian Cheshire as he steps down this month.

 Secretary of State of the Department for Work and Pensions, Iain Duncan Smith, said:

 "I want to thank Sir Ian for his support over the past 4 years, during a period of significant reform and change. His hard work has helped to improve the department’s standards of service, while at the same time securing value for money.

 I look forward to working with Dame Clara as we continue this progress. With her excellent track record in the world of finance, I have no doubt she will continue to build on Sir Ian’s work."

 Sir Ian Cheshire said:

 "I have been constantly impressed by the department, both in helping people back into work to support the economic recovery, and in introducing a significant programme of welfare reform. I wish the board and the staff of DWP every future success as they continue this work."

 Dame Clara Furse said:

 "Having spent the past 3 years chairing the department’s Audit Committee, I am looking forward to supporting its important work more broadly as Universal Credit is delivered nationwide in 2015."

 Sir Ian has held the position of lead non-executive since the board was first created by the government in 2011.

 Dame Clara made history when she became the first woman to be appointed chief executive of the London Stock Exchange, a post she held for more than 8 years.

 She currently sits on the Bank of England’s Financial Policy Committee and a number of corporate boards.

 It was also announced today that board member David Lister is to be reappointed for a further 3-year period and Willy Roe will be reappointed for a period of 7 months.

 As Vice-Chair of the department’s Audit and Risk Assurance Committee, Lieutenant General Andrew Graham will chair the committee while the process to establish its new chairman takes place.

Back to Index


Similar News to this Story

Role of the actuary in LGPS contribution rate adjustments
Earlier this year the Kensington & Chelsea Borough Pension Fund caused something of a stir by setting a zero employer contribution rate against the ad
There is a need to complicate, our puts are short
Corporate bond spreads have continued to tighten, leaving substantially less upside in public IG than before. The US market recently hit the lowest it
Targeted pensions support takes shape in FCAs plans
As the Financial Conduct Authority (FCA) sets out its strategic priorities for 2025/26 – and confirms Nikhil Rathi’s reappointment as Chief Executive

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.