Civil servant who led review into the institution named as interim senior independent governor

The civil servant who led the review of the RICS following a governance scandal has been appointed to a position at the organisation.

Michael Bichard has been named as the RICS鈥� interim senior independent governor, a new role which he proposed as part of his independent review published in June.

Bichard will start the job immediately and stay in post until 31 December 2023, when a new appointment process will begin.

The responsibilities of the senior independent governor include scrutinising the actions of the RICS鈥� governing council and committees.

Lord Bichard

Michael Bichard has been appointed as the RICS鈥� interim senior independent governor

The institution said the appointment will allow Bichard to oversee the timely implementation of his recommendations and provide certainty to RICS members that the reforms are being carried out.

Interim governing council chair Nick Maclean said: 鈥淥ur members were rightly impressed with Lord Bichard鈥檚 review and his passion for our profession.  

鈥淎s we move to implement his recommendations at pace, we see no one better placed to work with us in the interim to ensure the actions follow our member feedback and sentiment, as Lord Bichard received this directly, or to hold the board to account in setting the strategy of the organisation to meet the challenges of the future.鈥�

The role is intended to bring in board experience and understanding of corporate governance from other sectors. Bichard has said the holder of the role should be allowed to 鈥渁sk whatever they want鈥�, including flagging issues which need to be covered or policies which are failing.

It is part of a wider senior roles shake-up at the RICS which will see the roles of president and chair of the governing council merged, and the chief executive rebranded as director general.

The RICS also said it has merged the committees for nominations and remunerations into a single committee, another of Bichard鈥檚 recommendations.

> Also read: Explainer: key recommendations in the RICS review

The new nominations and remunerations committee will be co-chaired by the former boards鈥� chairs Harriet Kemp and Desmond Hudson until early 2023, and it will have oversight of all governance appointments.

Other reforms recommended by Bichard include setting up a new committee for improving member services, reviewing fees and launching independent reviews into the RICS every five years. 

Last month the institution called on the government to ditch its own plans to carry out investigations of the RICS, which formed part of the Levelling Up Bill.

The RICS urged the government to update the Bill to align it with Bichard鈥檚 recommendations to 鈥渁void duplication鈥�.

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