Latest Industry News
Business Secretary Greg Clark has appointed Cynthia Dubin as a non-executive director and Robin Foster, Colleen Keck, Karthik Subramanya, Shrinivas Honap and Maria da Cunha as panel members to the Competition and Markets Authority(CMA).
The CMA is a non-ministerial department and the UK’s primary competition and consumer authority. It has responsibility for carrying out investigations into mergers, markets and the regulated industries, and enforcing competition and consumer law.
Non-executive directors of the CMA Board play a key role in providing leadership and direction to the organisation, working with the chair and chief executive, responsible for setting the organisation’s strategic direction, developing priorities and monitoring performance against its objectives. Members are appointed to the CMA Board for up to 5 years.
Panel members join independent groups to make decisions on ‘phase 2’ merger and market investigations and on regulatory appeals. Members are appointed to the CMA Panel for up to 8 years.
The new members appointed by the Secretary of State are:
Cynthia Dubin
Cynthia Dubin is Chair of the Audit and Finance Committee of Babcock & Wilcox Enterprises, Inc. and chief financial officer of Pivot Power LLP in the UK. Cynthia has previously held senior positions at Edison Mission Energy and JKX Oil & Gas plc. Her role as a board member commenced in January 2019.
Robin Foster
Robin Foster is a non-executive member of the Content Board at media regulator Ofcom, and of the Advertising Advisory Committee at the Advertising Standards Authority (ASA). He was previously Strategy Partner at Ofcom and led the strategy and competition teams at the BBC. His appointment as a panel member commences in February 2019.
Colleen Keck
Colleen Keck is currently General Counsel and Company Secretary at Parkinson’s UK and Deputy Chair of the Copyright Tribunal. Prior to that she was a partner at international law firm Allen & Overy LLP for over 20 years. Her appointment as a panel member commences in February 2019.
Karthik Subramanya
Karthik Subramanya is currently Senior Advisor with Boston Consulting Group. He is also a board member of Scottish Enterprise and Creative Scotland. His appointment as a panel member commences in February 2019.
Shrinivas Honap
Shrinivas Honap’s roles include a non-executive directorship at the British Transport Police Authority, where he is Chair of the Pensions Committee. He has held senior roles in Capita Plc, Vodafone and Egg Financial Service. His appointment as a panel member commences in April 2019.
Maria da Cunha
Maria da Cunha is currently a non-executive director of De La Rue plc and a trustee of Community Integrated Care. She was previously General Counsel and Director of HR at British Airways plc. Her appointment as a panel member commences in February 2019.
Contains public sector information licensed under the Open Government Licence v3.0. This article first appeared on the Gov.uk website. View the original article HERE.
For tailored advice on how to best manage your personal and business finances, get in touch with us today and find out about how CBHC can help you do more with your money.