Saturday, May 03, 2008
Sir Derek Higgs dies suddenly
Author of corporate governance reforms dies in hospital after being taken ill
Sir Derek Higgs, the man responsible for overhauling UK corporate governance in the wake of the Enron and WorldCom disasters has died suddenly at the age of 64.
A statement from Alliance and Leicester, where he was company chairman, said: ‘It is with deep regret that Alliance & Leicester announces the unexpected death of its chairman, Sir Derek Higgs, at the age of 64. He was taken ill suddenly yesterday, 28 April, and died in a London hospital yesterday afternoon.’
Sir Derek qualified as a chartered accountant with Price Waterhouse before moving to Barings and then to SG Warburg where he remained for almost 25 years. He became chairman of Alliance and Leicester in October 2005.
See full Article.