The Public Interest Body (PIB) comprises of four independent non-executives and two representatives from the firm (one from the Management Board and one from the Supervisory Board).
Philip Rycroft CB is chair of PwC’s Public Interest Body. During a 30 year career, Philip held senior leadership positions in departments such as the Cabinet Office, Office for the Deputy Prime Minister, Department for Business, Innovation and Skills and the Scottish Executive. Most recently Philip was Permanent Secretary for the Department for Exiting the EU before retiring from the Civil Service in 2019.
Victoria Raffé is a former director and Executive Committee member of the Financial Conduct Authority (FCA), where she held a number of leadership roles during a 20 year career with the FCA and its predecessor the Financial Services Authority. Since leaving the FCA in 2015 Victoria has focused on non-executive roles in the fintech sector including Starling Bank, and is currently a non-executive director of The Bank of London and Chair of Inbotiqa and Let’s Think.
Suzanne Baxter is an experienced chair, director, and finance professional with substantial board and committee experience gained across the public, private and charity sectors. Suzanne's portfolio of non-executive positions includes board appointments as Audit Committee Chair at Ascential plc until October 2024 and Auction Technology Group plc, and she is the External Board Member at Pinsent Masons LLP. She was formerly a non-executive director and Audit Committee Chair at WH Smith PLC and, following her longstanding work in the area of equality, was appointed as a Commissioner for Equality and Human Rights for Great Britain.
Rob Perrins is currently Chief Executive of Berkeley Group having qualified as a Chartered Accountant in 1991. Rob has been a main board member of Berkeley since 2001 and Chief Executive since 2009, having previously been CFO. Rob has been Chair of Trustees of the Berkeley Foundation since its launch in 2011 - an independent charity that works in partnership with the voluntary sector to tackle inequality and support young people and their communities.
The PIB currently has one committee: Audit Oversight Body.
The Audit Oversight Body (AOB) comprises of three audit non-executives and two representatives from the firm (the UK Head of Audit and one representative from the Supervisory Board).
Caroline Gardner, Chair of the Audit Oversight Body
Caroline Gardner CBE is a former Auditor General for Scotland. She is a board member of the Wheatley Group and of the International Federation of Accountants. She is a Fellow of the Chartered Institute of Public Finance and Accountancy (CIPFA), serving as CIPFA President during 2006-07, and was a member of the International Ethics Standards Board for Accountants from 2010 to 2015.
Victoria Raffé
Victoria Raffé is a former director and Executive Committee member of the Financial Conduct Authority (FCA), where she held a number of leadership roles during a 20 year career with the FCA and its predecessor the Financial Services Authority. Since leaving the FCA in 2015 Victoria has focused on non-executive roles in the fintech sector including Starling Bank, and is currently a non-executive director of The Bank of London and Chair of Inbotiqa and Let’s Think.
Suzanne Baxter
Suzanne Baxter is an experienced chair, director, and finance professional with substantial board and committee experience gained across the public, private and charity sectors. Suzanne's portfolio of non-executive positions includes board appointments as Audit Committee Chair at Ascential plc until October 2024 and Auction Technology Group plc, and she is the External Board Member at Pinsent Masons LLP. She was formerly a non-executive director and Audit Committee Chair at WH Smith PLC and, following her longstanding work in the area of equality, was appointed as a Commissioner for Equality and Human Rights for Great Britain.
The AOB currently has one committee: Audit Partner Remuneration and Admissions Committee.
The Audit Partner Remuneration and Admissions Committee (APRAC) is a committee of the AOB. The APRAC, which is comprised of audit non-executives, oversees the audit partner remuneration process to ensure individual audit partner remuneration is determined above all by contribution to audit quality, and the process by which candidates are selected for admission as audit partners.
For the terms of reference of the AOB and APRAC, please go to Terms of Reference.