The Royal Institution of Chartered Surveyors (RICS) has announced the appointment of a new interim standards and regulation board. This comes following a mass walkout at the organisation last month its entire board resigned in shock move.
The board will ensure continuity of the RICS independent regulatory functions in line with the Bichard review recommendations.
The new board members officially came into position over the weekend following interviews held with a number of candidates for the interim chair role last week. The chair role is intentionally not held by an RICS member to reinforce independence.
The Appointments Panel comprised RICS President Ann Gray, RICS interim Senior Independent Governor Lord Bichard, Dame Glenys Stacey and Des Hudson. They have appointed the following:
+ Nigel Clarke (Interim Chair)
+ Peter Smith FRICS, Chair, CPD Framework Steering Group
+ Keith Thomas FRICS, Chair, Qualifications and Assessments Committee
+ Yo-Hann Tan (Independent member)
+ Lynne Livesey (Independent member)
Nigel Clarke joins the board is independent interim Chair with a wealth of experience in a career spanning the last 40 years and a long involvement with regulation in the UK, most recently chairing the General Pharmaceutical Council. Alongside this have been roles supporting professional bodies including his current role as elected Governor of Chelsea & Westminster Hospital NHS Trust.
Clarke has worked primarily on the interface between government and businesses focusing on market access, service development and initiating projects worldwide. He now has a greater focus on early-stage businesses, particularly those discovering new technologies in academic settings, helping them to put corporate structures in place.
He commented: “I am delighted to have been asked to become Interim Chair of the Standards and Regulation Board of the RICS.
“The independent regulatory function of RICS is of the utmost importance in protecting the public interest and ensuring trust in their professionals. RICS has responsibility for holding itself and its members to the highest standards of professional competence and conduct, and ultimately it is the SRB who hold 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”.
“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 Standards and Regulation Board has exclusive responsibility for exercising RICS’ regulatory functions, including strategy, governance, structure, policy and operational oversight in the public interest.
Reporting to RICS Governing Council, the SRB oversees the activities of RICS’ professional standards, entry and admission to the profession, education and qualification standards, regulatory operations, dispute resolution services and the Regulatory Tribunal.
Ann Gray, RICS President, added: “I look forward to working with Nigel as he takes up the role of Interim Chair of the RICS Standards and Regulation Board.
“Nigel’s experience working with regulatory bodies and across a number of high profile organisations in senior roles, makes him an excellent appointment and I am optimistic about the future of the board moving forward.
“I would like to take this opportunity to thank our previous board members for their valued contributions to the RICS”.
Mass walkout at RICS as entire board resigns in shock move
