The chief executive of the London Development Agency, Michael Ward,
is standing down after three and a half years in the post.
But he will continue to work there as a consultant on regional
economic policy, undertaking a programme of work with government
departments and universities.
A spokesperson for the LDA dismissed suggestions that Ward was
leaving after a critical unpublished report by management
She insisted that it was Ward himself who had brought KPMG into the
organisation last year and who then oversaw a restructure and key
appointments after the visit.
LDA deputy chief executive Manny Lewis will act up until the post
is advertised in June.