Page 3 - Peter Oldham News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The group’s spokesperson Stephen Hill said there was a culture of fear of speaking out because of the risk of disciplinary action The group also includes the chief executive of regeneration developer Igloo and a former head of land and planning at housing association Southern Housing, as well as four university professors. The overhaul would see a ‘public interest sounding board’ running parallel to the RICS’ governing council as a place for members and the public to voice concerns with the institution. The sounding board, which the group described as a “new form of institutional ac...

By Sebastian McCarthy2021-04-10T09:27:00+01:00 The chair of an independent probe into corporate governance practices at the Royal Institution of Chartered Surveyors (RICS) has resigned. Peter Oldham was appointed in early February to investigate the events that led to the dismissal of four directors in November 2019 after they raised the alarm about the findings of a 2018 BDO financial audit into the historic body. However, on Friday evening RICS updated its website to announce that Oldham, a barrister at 11KBW, was unable to continue “for professional reasons”. RICS launched the indep...

By Sebastian McCarthy2021-03-18T00:00:00+00:00 Sean Tompkins, the chief executive of the Royal Institution of Chartered Surveyors (RICS), is facing the biggest governance crisis of his 11-year reign.  The 152-year-old institution has been in turmoil since allegations in the Sunday Times late last year that four directors were dismissed in 2019 for raising the alarm over a 2018 BDO financial report. The story sparked a governance crisis and then a full-blown existential one as members clamoured to voice wider concerns about how RICS is run and the people who run it.    At the end of January...

By Tom Lowe2021-03-15T06:00:00+00:00 Paul Morrell and Richard Steer question independence of initiative The UK’s former chief construction advisor has called the decision of the Royal Institution of Chartered Surveyors to ask its own bosses to chair a review into its future purpose a “disaster”, adding the organisation’s leadership should leave their posts. Paul Morrell said the appointment of RICS president Kathleen Fontana and chief executive Sean Tompkins to chair its ‘Defining Our Future’ review, which was prompted by a member backlash against a governance scandal, was a “...

Sean Tompkins, the under-fire boss of RICS, has come out fighting in an exclusive interview with Property Week.