Ian will succeed Martin Bolland as Non-Executive Chairman on 1 January 2017.
Until end of June 2016, Ian Powell was Chairman and Senior Partner of PricewaterhouseCoopers LLP (PwC) UK. Ian was also a member of the team which leads the international network of PwC firms, a global network of professional services firms with revenues in excess of $35bn and more than 200,000 people. He also led the EMEA cluster of the PwC network, which spans over 90 territories across Europe, Middle East and Africa. Ian has broad financial, commercial and regulatory experience and led PwC’s interactions with the UK Government and other public sector organisations.
Martin Bolland, who announced his intention to stand down in February 2016, will step down after six years as Non-Executive Chairman and eight years as a Non-Executive Director of Capita plc on 31 December 2016.
Ian’s breadth of commercial experience and strong leadership skills will be of enormous benefit to Capita. Our search process, led by Capita’s Senior Independent Director Gillian Sheldon, has identified a business leader who has very strong credentials and is highly in tune with Capita’s objectives, business model and markets. Ian’s background of delivering growth in a highly competitive environment across a diverse and innovative organisation makes him ideally suited to Capita. I am delighted to welcome Ian to the Board and look forward to working closely with him as I handover to him in the coming months.
Capita's current Non-Executive Chairman
I admire Capita’s strong growth record and I am really pleased to be joining the Capita Board to help steer the Company through the next stages of its development. Capita’s focus on helping clients transform and evolve their operations has real relevance in the current rapidly shifting commercial, societal and political environments. I look forward to drawing on my leadership and commercial experience at PwC to support the Board to grow Capita further, deliver its business objectives and generate long-term sustainable value to shareholders and wider stakeholders.
Ian brings a robust track record of leading and building professional services businesses across PwC. These skills and his extensive network across the markets in which we operate make him an ideal Board leader for Capita. I and the Board look forward to working closely with him from September.
Martin has and continues to make an immense contribution to Capita and we are grateful for his wisdom and counsel as a valued member of the Board and as Non-Executive Chairman for the last six years. We look forward to his continued leadership through this year and working with him to effect a smooth handover to Ian.
Capita's Chief Executive
Ian Powell will be appointed to the Nomination Committee on 1 September 2016 and will become Chair of this committee from 1 January 2017.