Financial Reporting Council (FRC) has appointed Win Bischoff as its new chairman, effective 1 May 2014.

Gay Huey Evans, who has been a director of the FRC since April 2012, has been appointed as the council’s deputy chairman.

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Evans will also take up the role on 1 May after the current deputy chairman, Glenn Moreno, steps down.

Commenting on the appointment, Hogg said: "Bischoff is an inspired choice for the next FRC chairman. His financial sector experience and track record of running boards will be invaluable to the FRC on the next stage of its journey.

"Evans’ wide experience in regulation, boardrooms and international capital markets has ensured she already has made a great contribution to the FRC Board since joining in 2012."

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