FRC appoints three new non-exec directors

The Financial Reporting Council (FRC) has announced a strengthening of its board with the appointment of Charlie Parker, Eva Lindholm and Simon O’Regan as non-executive directors. The appointments follow an extensive recruitment process seeking candidates with deep actuarial, investment management and public sector experience as part of a continued and deliberate approach to assembling a board with complementary expertise. Parker was previously chief executive and head of the public service for the government of Jersey. Prior to working in Jersey, he was chief executive of Westminster City Council and chief executive of Oldham Metropolitan Borough Council. During his various roles, he oversaw the significant transformation and modernisation of a large number of public services often resulting in reduced costs and improved performance. He serves as a non-executive director on the board of NewRiver REIT plc and as a member of the challenge board overseeing the Buckingham Palace Reservicing Project. Lindholm has had a broad executive career in the financial services industry, having worked at JPMorgan for 27 years and UBS for 12 years. She has significant leadership experience in investment banking, corporate banking and wealth management, across several geographies and markets. She has served on the board of Transport for London, including on its finance and policy committee, and on the UK government’s investment council. She has also served as the chair of the UBS Optimus Foundation UK, and serves as the chair of Arosa Foundation, which is focused on supporting female founders. O’Regan has over 40 years of experience in the insurance, pensions and asset management industries. He is a UK chartered actuary and has lived and worked in six countries around the world including as CEO of Mercer in Australia, in the UK, in Europe and in the USA/ Canada. He is chair of the board of Impax Asset Management Group plc, and was formerly a non-executive director of Alexander Forbes Group Holdings Ltd. He was also a member of the UK’s nuclear liabilities financing assurance board and served as a non-executive member of the foreign, commonwealth and development office’s audit and risk assurance committee. FRC chair, Sir Jan du Plessis, said: "The calibre of these appointments reflects our commitment to driving excellence in the way we regulate. Charlie, Eva and Simon bring a wealth of experience, strategic insight, and proven leadership across areas of strategic importance for the FRC that will be instrumental in shaping our future."