Rolls-Royce appoints lawyer to lead ethics review

Rolls-Royce has appointed Lord Gold to lead a review of its compliance procedures, following allegations of corruption in its overseas operations.

Lord Gold, a solicitor at law firm Herbert Smith for 37 years, will report to the ethics committee of the board.

“He is one of the UK's most senior litigators and has extensive experience working at the highest levels with corporations, governments and regulators around the world,” the FTSE 100 engineering company said this morning.

Last month, the British engine maker handed information to the Serious Fraud Office relating to possible bribery and corruption in Indonesia and China, as well as other overseas markets.