PwC appoints Fiona Kendrick as Independent Non-Executive

19 June 2019 Consultancy.uk 2 min. read
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Professional services firm PwC has appointed Dame Fiona Kendrick to its Public Interest Body. Kendrick takes her role from 1 July 2019.

PwC’s Public Interest Body (PIB) comprises of four representatives from the firm – two from the management board and two from the supervisory board – and five Independent Non-Executives. The involvement of these five external members aims to enhance stakeholder confidence in the public interest aspects of the UK firm’s activities, and in particular, Independent Non-Executives have oversight of the UK firm’s policies and procedures for promoting audit quality. In this way, they help PwC to secure its reputation in the UK more broadly, including in its non-audit business, and reducing the risk of firm failure.

The newest Independent Non-Executive to join the team is Dame Fiona Kendrick, who arrives at PwC following a 40-year career across the private and public sectors. She joins Samantha Barrass, Sir Ian Gibson, Justin King CBE, Lord O’Donnell and Paul Skinner CBE as Independent Non-Executives, who also provide deep experience and oversight to the firm.

PwC appoints Fiona Kendrick as Independent Non-Executive

Kevin Ellis, Chairman and Senior Partner of PwC UK, commented, “I’m delighted that Dame Fiona will be joining our Public Interest Body. Dame Fiona will bring a wealth of experience, insight and expertise to our firm. PwC’s INEs play a critical role in the firm’s governance and decision making processes as well as helping to shape and influence the business more broadly.”

Kendrick joined Nestlé UK in January 1980 as a commercial graduate in the frozen food section – eventually rising through the firm’s ranks to become the first female Chief Executive Officer of the food and drink giant’s UK wing in 2012. In July 2017, Kendrick stood down as CEO, though continuing as Chair until her retirement the following year. In the meantime, she has been a member of the Food and Drink Sector Council, a government organisation formed in January 2018, and the Chair of the board of trustees of the New Model Institute for Technology and Engineering (NMiTE) in Hereford.

Reflecting on her new challenge, Kendrick remarked, “I am looking forward to joining PwC’s Public Interest Body at this important time for the audit profession. PwC plays an important role in the UK economy and I’m particularly keen to ensure that the public interest aspects of its work help to build confidence and trust in business.”