Strategic Panel appoints members of the new Performance Assurance Committee

The Strategic Panel has announced the members (see table) of the new Performance Assurance Committee (PAC), which is taking over from the Market Performance Committee in monitoring companies’ performance in the business retail market.

As well as being responsible for applying performance charges and trading party audits, the PAC will be responsible for any new financial tools and incentives resulting from the programme to reform the Market Performance Framework.

All members have voting rights unless stated. The first meeting of the PAC is due to be held later this month.