Veteran banker to lead DTI investigation into role of directors

Higgs, the veteran investment banker, will head up the DTI review into the role
of non-executive directors in the UK.

to the FT Higgs will take up the role after supermarket magnate Sir Peter Davis
rejected the position.

review was announced six weeks ago and will look at the role of board directors
in the wake of highly controversial scandals like Enron and Marconi.

review will run alongside the work of another group considering financial
reporting and auditing, with the two investigations possibly leading to a
combined code of practice.

findings and recommendations are expected to be presented by the end of the

Comments are closed.