City People

Anne Simpson, the scourge of British boardrooms, is decamping to Washington and the World Bank, lured by the promise of bringing corporate governance to the world stage.

Ms Simpson, 41, who officially started work as the Bank's senior private sector specialist this week from her Islington home, says her new bosses have been very understanding about waiting for the school term to finish before she and her three children move across the Atlantic. Let's hope they are as receptive to her particular ways of dealing with standards which don't come up to scratch.

Key campaigns which stand out in her ten years with PIRC, the Pensions and Investment Research Consultants, include the `Just Say No' campaign which mobilised Lord Hanson's shareholders, and6 her role in the `Cedric the pig' affair. She says: "If they were going to approach it in a stuffy, traditional way they wouldn't have gone out of their way to recruit an outsider. My value to them is that I have not spent the last twenty years as a civil servant. I've been at the grassroots trying to make corporate governance work in practice."

u

The first of the three M&S directors to take "early retirement" has emerged from the fray.

Chris Littmoden, the former director of Marks' US operations, who was sacked in February alongside Derek Hayes and John Sacher, has reappeared in an altogether different guise. Nowadays Mr Littmoden is gainfully employed by the MoD and the Home Office immigration department, where he is advising them on efficiency. But don't expect him to stay under cover for too long.

As retailing goes global, he has big plans to use his overseas, and in particular American, expertise. "I turned Brooks Brothers round and got rid of Canada. As the business goes global it's going to be driven by Anglo-Americans," he says. And now the dust is beginning to settle, what of his old employers of 25 years standing? Mr Littmoden doesn't mince his words, telling me: "I'm absolutely staggered with the way they dealt with my departure. I can't believe it's the same company."

u

What a week for Kingfisher to lose its chief spin-doctor. Mike Hingston, corporate affairs director, resigned on Friday in what appear to be acrimonious circumstances which, we are told, had nothing to do with Wal-Mart.

Gwen Gober, the Texan lady who is replacing him, says: "He tendered his resignation last week but he very graciously agreed to come back and help with the Wal-Mart announcement." Sources say Mr Hingston had problems with the investor relations department.

u

There are more red faces at Deutsche Bank, the German financial juggernaut, as it seeks to bed down its $10bn takeover of Bankers Trust.

Pure coincidence no doubt, but the bank yesterday succeeding in losing the services of Dick Daniel, the Bankers Trust chief financial officer and the second most powerful man in the firm after Frank Newman, the chairman. Also going after 27 years is Christian Strenger, the man credited with building up the bank's asset management business from nowhere.

As if that were not enough, chief executive Rolf Breuer has been all over the German press after it emerged that he and three other board members are facing an investigation by the German tax office into allegations the bank helped customers dodge tax.

Dick Daniel had been in line for a $9m golden handcuff payment. But when push came to shove it seemed that there would not be much of a role for him in the new set-up.

American regulators and Deutsche Bank are also looking into an alleged $19.1m black hole in Bankers' past accounts. Yesterday the bank was keeping mum about the affair.

PROMOTED VIDEO
Life and Style
techCould new invention save millions in healthcare bills?
Sport
David Moyes gets soaked
sport Moyes becomes latest manager to take part in the ALS challenge
Voices
A meteor streaks across the sky during the Perseid Meteor Shower at a wind farm near Bogdanci, south of Skopje, Macedonia, in the early hours of 13 August
voicesHagel and Dempsey were pure Hollywood. They only needed Tom Cruise, says Robert Fisk
News
peopleEnglishman managed quintessential Hollywood restaurant Chasen's
Life and Style
food + drinkHarrods launches gourmet food qualification for staff
Arts and Entertainment
Michael Flatley prepares to bid farewell to the West End stage
danceMichael Flatley hits West End for last time alongside Team GB World champion Alice Upcott
News
ebooksAn evocation of the conflict through the eyes of those who lived through it
Life and Style
Horst P Horst mid-fashion shoot in New York, 1949
fashionFar-reaching retrospective to celebrate Horst P Horst's six decades of creativity
News
Members and supporters of the lesbian, gay, bisexual, transgender (LGBT) community walk with a rainbow flag during a rally in July
i100
Life and Style
Black Ivory Coffee is made using beans plucked from elephants' waste after ingested by the animals
food + drinkFirm says it has created the "rarest" coffee in the world
Arts and Entertainment
Jamie T plays live in 2007 before going on hiatus from 2010
arts + entsSinger-songwriter will perform on the Festival Republic Stage
Life and Style
food + drinkThese simple recipes will have you refreshed within minutes
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

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

iJobs Job Widget
iJobs Money & Business

Service Desk Analyst- Desktop Support, Helpdesk, ITIL

£20000 - £27000 per annum: Harrington Starr: Service Desk Analyst- (Desktop Su...

Service Desk Analyst - (Active Directory, Support, London)

£25000 - £35000 per annum: Harrington Starr: Service Desk Analyst - (Active Di...

Junior Quant Analyst - C++, Boost, Data Mining

£30000 - £50000 per annum: Harrington Starr: Junior Quant Analyst - C++, Boost...

Junior Quant Analyst (Machine Learning, SQL, VBA)

£30000 - £50000 per annum: Harrington Starr: Junior Quant Analyst (Machine Lea...

Day In a Page

All this talk of an ‘apocalyptic’ threat is simply childish

Robert Fisk: All this talk of an ‘apocalyptic’ threat is simply childish

Chuck Hagel and Martin Dempsey were pure Hollywood. They only needed Tom Cruise
Mafia Dons: is the Camorra in control of the Granite City?

Mafia Dons: is the Camorra in control of the Granite City?

So claims an EU report which points to the Italian Mob’s alleged grip on everything from public works to property
Emmys look set to overhaul the Oscars as Hollywood’s prize draw

Emmys look set to overhaul the Oscars as Hollywood’s prize draw

Once the poor relation, the awards show now has the top stars and boasts the best drama
What happens to African migrants once they land in Italy during the summer?

What happens to migrants once they land in Italy?

Memphis Barker follows their trail through southern Europe
French connection: After 1,300 years, there’s a bridge to Mont Saint-Michel

French connection: After 1,300 years, there’s a bridge to Mont Saint-Michel

The ugly causeway is being dismantled, an elegant connection erected in its place. So everyone’s happy, right?
Frank Mugisha: Uganda's most outspoken gay rights activist on changing people's attitudes, coming out, and the threat of being attacked

Frank Mugisha: 'Coming out was a gradual process '

Uganda's most outspoken gay rights activist on changing people's attitudes, coming out, and the threat of being attacked
Radio 1 to hire 'YouTube-famous' vloggers to broadcast online

Radio 1’s new top ten

The ‘vloggers’ signed up to find twentysomething audience
David Abraham: Big ideas for the small screen

David Abraham: Big ideas for the small screen

A blistering attack on US influence on British television has lifted the savvy head of Channel 4 out of the shadows
Florence Knight's perfect picnic: Make the most of summer's last Bank Holiday weekend

Florence Knight's perfect picnic

Polpetto's head chef shares her favourite recipes from Iced Earl Grey tea to baked peaches, mascarpone & brown sugar meringues...
Horst P Horst: The fashion photography genius who inspired Madonna comes to the V&A

Horst P Horst comes to the V&A

The London's museum has delved into its archives to stage a far-reaching retrospective celebrating the photographer's six decades of creativity
Mark Hix recipes: Try our chef's summery soups for a real seasonal refresher

Mark Hix's summery soups

Soup isn’t just about comforting broths and steaming hot bowls...
Tim Sherwood column: 'It started as a three-horse race but turned into the Grand National'

Tim Sherwood column

I would have taken the Crystal Palace job if I’d been offered it soon after my interview... but the whole process dragged on so I had to pull out
Eden Hazard: Young, gifted... not yet perfect

Eden Hazard: Young, gifted... not yet perfect

Eden Hazard admits he is still below the level of Ronaldo and Messi but, after a breakthrough season, is ready to thrill Chelsea’s fans
Tim Howard: I’m an old dog. I don’t get too excited

Tim Howard: I’m an old dog. I don’t get too excited

The Everton and US goalkeeper was such a star at the World Cup that the President phoned to congratulate him... not that he knows what the fuss is all about
Match of the Day at 50: Show reminds us that even the most revered BBC institution may have a finite lifespan – thanks to the opposition

Tom Peck on Match of the Day at 50

The show reminds us that even the most revered BBC institution may have a finite lifespan – thanks to the opposition