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18 December 2020 | 13:16pm
StockMarketWire.com - Taylor Wimpey said it has appointed Scilla Grimble and Lord Jitesh Gadhia as independent non-executive directors to the board, with effect from 1 March 2021.
Grimble has over 15 years executive experience in the corporate finance and retail sectors, having held senior roles at UBS, Tesco plc, Marks and Spencer and is currently the chief financial officer at Moneysupermarket.com Group.. Grimble will also become a member of the nomination and governance committee and the audit committee.
Gadhia has over 20 years executive experience, principally in the banking and private equity sector.
He is currently an Independent non-executive director of Calisen, where he is also the senior independent director. He is a non-executive director of BGL, where he chairs the remuneration committee, a director of Accord Healthcare and is appointed by HM Treasury to the Board of UK Government Investments Limited.
Improving contingent liability management
GAD has been announced as a key partner to help establish the new Contingent Liability Central Capability function for government.
From:
16 December 2020
The Government Actuary’s Department (GAD) has been selected as a key partner to establish a function to monitor and understand the evolving nature of the risks which can affect government.
Proposal and objectives
In March 2020 HM Treasury published proposals to improve the management of guarantees and insurance provided by government. GAD played a key role in developing the proposals, the objectives of which are to:
improve the expertise within government to quantify and price risk