Nancy Milne announced as APESB's new chair
The Accounting Professional and Ethical Standards Board (APESB) has appointed former risk and compliance lawyer and Order of Australia Medal recipient, Nancy Milne, as its new chair.
APESB said on Monday that Ms Milne’s extensive legal career and regulatory and governance experience will be an invaluable addition to the board. It also noted that Ms Milne’s knowledge of the accounting profession and experience in dealing with diverse stakeholders make her the ideal candidate to lead the APESB.
Ms Milne’s appointment is effective 1 January 2019.
“I look forward to working with my fellow directors and the APESB management as we embark on the important process of revising professional and ethical standards to align with the recently restructured Code of Ethics,” Ms Milne said.
She also paid tribute to her predecessor, Nicola Roxon.
“Ms Roxon’s professionalism and dedication during her tenure has strengthened the APESB’s role as a standard-setter in Australia and internationally. I am honoured and privileged to lead the board into a new era,” Ms Milne said.
During her 30-year career as a lawyer, Ms Milne was involved in large commercial cases involving risk and compliance.
As a partner at Clayton Utz, her accounting and indemnity work established her strength in stakeholder management, dispute resolution and governance.
Since 2003, Ms Milne has taken up a variety of governance roles, focusing on improving business performance through good standards. She is an experienced non-executive director and chair for a range of public and private organisations, including the State Insurance Regulatory Authority, the Securities Exchange Guarantee Corporation and ALE Property Group.
Ms Milne was a recipient of Order of Australia Medal in 2008 for services to the legal sector.