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.
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