City People

The Lord Mayor of London, Lord Levene, had a smashing time yesterday when he bulldozed a concrete flower tub.

This was no wanton act of vandalism, however. Accompanied by the theme from The Dambusters played by the central band of the Royal Air Force, Lord Levene officially initiated the demolition of Paternoster Square, the long-derelict 1960s office block adjoining the north side of St Paul's Cathedral.

The whole thing is being redeveloped by Schroders and Stanhope together with the Japanese owners of the site, MEC.

Mick Newmarch, the former chief executive officer of Prudential, has popped up as a non-executive director at Weston Medical Board. Weston makes an award-winning needle-free device, Intraject, which is set to transform the way injections are given.

Mr Newmarch, 61, spent 40 years with the Pru before he bowed out a couple of years ago. He is currently a director of Celltech, a biotech company, and chairman of Bourne End Properties.

Who should I bump into at 3i's annual bash at Claridge's on Tuesday night but Michael Stoddart, chairman of Electra Investment Trust.

A bit of a surprise, considering Electra has only just succeeded in beating off a hostile bid from 3i.

The urbane Mr Stoddart says merely: "They were very kind to invite me so I thought I'd go along."

Roel Pieper, 43, is to leave the board of Philips Electronics NV on 1 June, just 13 months after joining. Personally wooed away from Compaq in the US by Philips boss Cor Boonstra to the specially created post of executive vice-president, he had been seen as heir apparent. But a bit tactlessly, Mr Pieper turned himself into a media personality, uttering such sound bites as: "I don't like being number two, I want to be number one."

Mr Pieper's departure brings the number of top-level Philips leavers to eight in the recent past. Among them were two Brits: Dudley Eustace, credited with saving Philips from bankruptcy in the early Nineties, who took early retirement this March; and Doug Dunn, forced out when the consumer electronics division he ran failed to meet its earning targets.

No one has mentioned a payoff for Mr Pieper yet, but he's unlikely to accept anything but a hefty wedge. He arrived from Compaq as a multi- millionaire.

Now is the time of year when the various accountancy bodies introduce their new top brass. The ICA is about to elevate Dame Sheila Masters to its helm. And the Chartered Institute of Management Accountants has appointed "a very keen pianist" as its new president. CIMA David Melvill tells me he is looking forward to showing his young daughter a groove in the floorboards at CIMA's HQ in Portland Place.

Jacqueline du Pre, the famous cellist, lived there when she was a teenager, and the groove concerned is where she used to place her cello stand.

Ms du Pre's father Derek was secretary of CIMA. I must say I missed that particular detail in the recent biopic of the tragic musician ...

Start your day with The Independent, sign up for daily news emails
ebookA unique anthology of reporting and analysis of a crucial period of history
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

SThree: Trainee Recruitment Consultant

£20000 - £25000 per annum + competitive: SThree: Did you know? SThree is a mul...

Guru Careers: C# Project Team Lead

£55 - 65k (DOE): Guru Careers: A unique opportunity for a permanent C# Develop...

Guru Careers: Graduate Editor / Editorial Assistant

£16 - 20k: Guru Careers: A Graduate Editor / Editorial Assistant is needed to ...

Guru Careers: Software Developer / C# Developer

£40-50K: Guru Careers: We are seeking an experienced Software / C# Developer w...

Day In a Page

Raif Badawi: Wife pleads for fresh EU help as Saudi blogger's health worsens

Please save my husband

As the health of blogger Raif Badawi worsens in prison, his wife urges EU governments to put pressure on the Saudi Arabian royal family to allow her husband to join his family in Canada
Birthplace of Arab Spring in turmoil as angry Tunisians stage massive sit-in over lack of development

They shall not be moved: jobless protesters bring Tunisia to a halt

A former North African boom town is wasting away while its unemployed citizens stick steadfastly to their sit-in
David Hasselhoff's new show 'Hoff the Record': What's it like working with a superstar?

Hanging with the Hoff

Working with David Hasselhoff on his new TV series was an education for Ella Smith
Can Dubai's Design District 'hipster village' attract the right type of goatee-wearing individualist?

Hipsters of Arabia

Can Dubai’s ‘creative village’ attract the right type of goatee-wearing individualist?
The cult of Roger Federer: What is it that inspires such obsessive devotion?

The cult of Roger Federer

What is it that inspires such obsessive devotion?
Kuala Lumpur's street food: Not a 'scene', more a way of life

Malaysian munchies

With new flights, the amazing street food of Kuala Lumpur just got more accessible
10 best festival beauty

Mud guards: 10 best festival beauty

Whether you're off to the Isle of Wight, Glastonbury or a local music event, we've found the products to help you
Unai Emery’s passion for winning and eye for a bargain keep Seville centre stage in Europe

A Different League

Unai Emery’s passion for winning and eye for a bargain keep Seville centre stage in Europe, says Pete Jenson
Amir Khan and James DeGale’s remarkable Olympic performances were just the start of an extraordinary journey - Steve Bunce

Steve Bunce on Boxing

Amir Khan and James DeGale’s remarkable Olympic performances were just the start of an extraordinary journey
Abuse - and the hell that came afterwards

Abuse - and the hell that follows

James Rhodes on the extraordinary legal battle to publish his memoir
Why we need a 'tranquility map' of England, according to campaigners

It's oh so quiet!

The case for a 'tranquility map' of England
'Timeless fashion': It may be a paradox, but the industry loves it

'Timeless fashion'

It may be a paradox, but the industry loves it
If the West needs a bridge to the 'moderates' inside Isis, maybe we could have done with Osama bin Laden staying alive after all

Could have done with Osama bin Laden staying alive?

Robert Fisk on the Fountainheads of World Evil in 2011 - and 2015
New exhibition celebrates the evolution of swimwear

Evolution of swimwear

From bathing dresses in the twenties to modern bikinis
Sun, sex and an anthropological study: One British academic's summer of hell in Magaluf

Sun, sex and an anthropological study

One academic’s summer of hell in Magaluf