Paying tribute to Sir Andrew, Chancellor Gordon Brown said: "Andrew Likierman has made an outstanding contribution to improving financial management in Government over the course of a decade."
Announcing Sir Andrew's retirement, Treasury Permanent Secretary Gus O'Donnell said: "Sir Andrew Likierman has been an outstanding public servant and a wonderful colleague.
"He has led successfully the development and implementation of the best practice accounting standards in Government through the resource accounting and budgeting project. This marked the most extensive modernisation of the public finances in more than a century.
"The improvement in financial management within Government over the last decade is due in no small part to Sir Andrew's drive and determination. I wish him every success as he pursues his distinguished academic career in the future."
Sir Andrew's successor will be selected by open competition. Details of the vacancy for the renamed post of Head Of Financial Management In Government are currently being advertised. The text of the advertisement is available on the Treasury website.
Sir Andrew Likierman, 59, joined the Treasury as 1993 as Head of the Government Accountancy Service and Managing Director of the Financial Management, Reporting and Audit Directorate. Prior to joining the Treasury he held a variety of posts in the private sector, academia, and central Government. He has had a long association with the London Business School, and since 2001 he has combined his role at the Treasury with his post as Professor of Management Practice there. He has published extensively on accounting and financial management. He was knighted in 2001.
