[2] Khan followed Richard Adam from Associated British Ports joining Carillon in 2011, as finance director for the Middle East and North Africa business, and was its group financial controller from 2013.
Rachel Reeves, chair of the business committee, suggested Khan "fell asleep at the wheel" during his tenure.
[8] In November 2020, the Financial Conduct Authority said some Carillion directors had "acted recklessly" and released "misleadingly positive" market updates before it collapsed.
As a result, the FCA said it had sent notices to some (unnamed) former Carillion directors warning of possible enforcement action (possible sanctions include public censure, fines and suspensions from holding certain positions).
[9] In January 2021, the Insolvency Service said it would seek to ban eight former Carillion directors, including Khan, from holding senior boardroom positions.