Former FRC audit chief Melanie Hind joins BDO

BDO Global has appointed Melanie Hind, former audit chief at the Financial Reporting Council (FRC) as head of assurance quality

Hind joined BDO Global in January and will head up the audit assurance quality team at the mid-tier firm, based in the US.

She said this was 'an important role and an opportunity to ensure auditing standards serve the public interest'.

In her new role at BDO Global, Hind will be part of the global risk, quality and governance team, and will work with the team on integrating and redesigning policies, process and programmes, to continuously improve BDO’s culture of quality.

She will, as appropriate, represent BDO to various external professional and regulatory bodies, ensure the effectiveness of the global annual assurance quality inspection programme and contribute to strengthening BDO’s client acceptance and continuance inspection efforts. She will also lead a number of BDO’s risk management initiatives.

Her last UK role was as a senior member of the management team at the FRC, where she was director of audit and actuarial regulation for two years, and previously executive director, codes and standards. She was also a FRC board member until April 2018. She had previously worked as a chief risk officer at Friends Life Group, a major listed insurance group after having spent 23 years at Coopers & Lybrand (now PwC), where she was a partner for 10 years. 

She left the FRC in July 2018 and relocated to the US for family reasons.

At the time the audit regulator was facing the first signs of major upheaval with the announcement of the Kingman review into the future of audit. Over the last 18 months, there has been a wholesale overhaul of the top team at the FRC, with the appointment of a new CEO, Sir Jon Thompson, who is the former head of HMRC, and chairman Simon Dingemans, while Hind was replaced by Mike Suffield, before he also left the regulator for ACCA in mid 2019. Following a reorganisation, David Rule is now director of supervision at the regulator, responsible for supervision and monitoring of audit.

After relocating to the US, Hind was a board member and working group chair of the International Forum of Independent Audit Regulators (IFIAR).

 

 

5
Average: 5 (2 votes)
Subscribe