The Royal Institution of Chartered Surveyors (RICS) has drafted in a new interim leadership team as it looks to recover from its governance crisis.
Richard Collins, who joined RICS in 2019 as executive director of the profession, has been appointed interim chief executive.
Nicholas Maclean has been appointed interim chair of Governing Council. Maclean is the chairman and managing director of CBRE’s Middle East region, which he established in 2005.
Isobel O’Regan, an elected member of Governing Council, has been appointed interim chair of the management board. O’Regan is a director at Savills, based in Ireland, and has practised for over 30 years, working across a range of sectors in Dublin and Cork, including asset management, commercial lettings and sales, professional services incorporating loan security reviews and compulsory acquisition work.
RICS Governing Council has made the appointments for a period of up to 12 months to lead the institution in delivering necessary reforms, following Alison Levitt QC’s report.
The report found that four non-executives who raised concerns over an audit were wrongly dismissed and that “sound governance principles were not followed”.
Prior to the report’s publication, chief executive Sean Tompkins, president Kath Fontana, interim chair of Governing Council, Chris Brooke, and chair of the Management Board, Paul Marcuse all stood down from their posts. Amit Shah, the chair of the audit committee, has come to the end of his term.
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