Mridul Hegde and Philip Tew have been appointed as independent non-executives and will sit on a newly created UK Audit Board, which came into effect on 1 July. The Audit Board is responsible for providing independent oversight of the UK audit practice, overseeing the application of the principles set out by the Financial Reporting Council (FRC) to prevent client conflict in audit firms. The Audit Board will be chaired by David Thorburn, who is already an independent non-executive for EY.