Clark most recently was CEO of Mincom, an enterprise software company that was acquired in July by the ABB Group.

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ABB, a once admired but now troubled Swiss-Swedish engineering group, had uncovered a fraud affecting its 1999 and 2000 numbers.

ECONOMIST: European companies

Assets: Owns an estimated 75% of his BZ Group Holding, which has stakes in Swiss blue-chip companies like ABB, Alusuisse-Lonza, and Roche.

FORBES: Europe

The Russell Group of leading universities has welcomed the shift to allowing more choice for students with ABB grades.

BBC: University applications 'not recovering' at deadline