We shall move on to the choice of convener. Parliament has determined that the convener will come from the SNP members of the committee. Can I have nominations for convener?
I nominate Andrew Welsh as convener of this committee.
Andrew Welsh has been nominated. Does anyone second that?
I second the nomination.
Is that the wish of the committee?
Mr Andrew Welsh was elected convener by acclamation.
I thank you for that great honour, especially on an all-party basis, which is appreciated. I hope that that is a sign of how the committee will work in the future. The role of convener is also a great responsibility. The Audit Committee is usually described as Parliament's powerful Audit Committee and I hope that we will all live up to that title. We are the public's financial watchdogs and we are expected to demand and to maintain the highest standards of probity, value and financial vigilance on behalf of the people and of their Parliament.