RICS picks interim standards and regulation board
The RICS has formed an interim standards and regulation board following the mass resignation of the previous line-up last month.
The board will be led by interim chair Nigel Clarke, governor of Chelsea and Westminster Hospital NHS Trust and until recently chair of the General Pharmaceutical Council. The RICS said the role “is intentionally not held by an RICS member to reinforce independence”.
Clarke is joined by Peter Smith, chair of the RICS’s CPD Framework Steering Group; Keith Thomas, chair of the Qualifications and Assessments Committee; and independent members Yo-Hann Tan, a past chief executive of BNP Paribas Real Estate Asia-Pacific, and solicitor Lynne Livesey.
The RICS has formed an interim standards and regulation board following the mass resignation of the previous line-up last month.
The board will be led by interim chair Nigel Clarke, governor of Chelsea and Westminster Hospital NHS Trust and until recently chair of the General Pharmaceutical Council. The RICS said the role “is intentionally not held by an RICS member to reinforce independence”.
Clarke is joined by Peter Smith, chair of the RICS’s CPD Framework Steering Group; Keith Thomas, chair of the Qualifications and Assessments Committee; and independent members Yo-Hann Tan, a past chief executive of BNP Paribas Real Estate Asia-Pacific, and solicitor Lynne Livesey.
The members took their roles over the weekend following interviews for the interim chair role last week. The appointments panel comprised RICS president Ann Gray, interim senior independent governor Lord Bichard, Dame Glenys Stacey and Des Hudson.
Clarke said: “The independent regulatory function of the RICS is of the utmost importance in protecting the public interest and ensuring trust in its professionals. The RICS has responsibility for holding itself and its members to the highest standards of professional competence and conduct, and ultimately it is the SRB which holds the responsibility to make sure these standards are set and implemented to maintain public confidence. I am eager to get started in this new role and to utilise my experience in the regulation sector to benefit this vital institution.”
He continued: “I also look forward to working with the team to progress further implementation of the recommendations of the Bichard RICS review, and to continue to embed the strengthened independent regulatory structure within the institution.”
The former 10-strong board, chaired by Dame Janet Paraskeva, quit in June. In a joint statement, the directors who worked with Paraskeva claimed the SRB was “treated from the outset by the leadership more as the enemy rather than as the regulator within the RICS”, adding: “It became increasingly difficult to do our job.”
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