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FSA appoints two FSCS directors

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FSA appoints two FSCS directors

The Financial Services Authority (FSA) has appointed two non-executive directors to the board of the Financial Services Compensation Scheme (FSCS).

Marian Glen, who was general counsel at Aegon from 2009 to 2011, and Charles McKenna, who spent 22 years as a corporate partner at law firm Allen and Overy, will take up their positions on 1 February.

During her time at Aegon Glen was closely involved in the firm’s Scottish Equitable £170 million consumer redress programme following administrative failures in its life and pensions business.

FSA chairman Adair Turner said: ‘We are very pleased to announce the appointment of Marian Glen and Charles McKenna, whose experience will prove invaluable for the FSCS during this period of regulatory change.’

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