Magazine article Public Finance

Recruitment of Monitor Chief Exec to Be Delayed

Magazine article Public Finance

Recruitment of Monitor Chief Exec to Be Delayed

Article excerpt

The appointment of a new chief executive at Monitor looks set to be dragged out as the foundation trust spending watchdog awaits further details of its beefed-up role.

Former executive chair Bill Moyes left the regulator in January and the post was then split into two. Steve Bundred, former chief executive of the Audit Commission, took up a four-year term as chair at the beginning of May, working three days a week. David Bennett, a former government adviser and chair of a health consultancy, became interim chief executive in March.

The government intends to turn Monitor into a full economic regulator for the NHS, overseeing access, competition and price-setting. But the recruitment process for a permanent chief executive has not yet begun.

Bundred said he wanted to recruit someone as soon as possible. However, be told Public Finance: 'The issue is not just how quickly can you get anyone in place, it's how quickly can you find the right person for the job. Clearly the nature of the job is going to change because the nature of the organisation is going to change. So we would be looking for somebody who is capable not only of leading the organisation through that process of change but also managing the new Monitor when it becomes a full-scale economic regulator. …

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