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Aberdeen chief Gilbert takes seat on gov't financial services board
by William Robins on Sep 20, 2013 at 14:22
Aberdeen Asset Management chief executive Martin Gilbert has been named as member of the Financial Services Trade and Investment Board (FSTIB), set up by government to promote UK financial services.
Gilbert (pictured) is one of five board members who will meet for the first time on 8 October. The FSTIB was established by chancellor George Osborne in this year’s Budget in a bid to boost trade, attract investment and lower barriers to access.
The other board members are: Ana Botin, chief executive of Santander UK, Douglas Flint, chairman of HSBC, Martin Scicluna, chairman of RSA and Xavier Rolet, chief executive of the London Stock Exchange Group. The board will report directly to Osborne.
The chair will be Charles Roxburgh, director general of financial services at the Treasury, Amelia Fawcett, a non-executive director for the Treasury, will act as the non-executive director for the FSTIB.
Osborne said: ‘Ensuring the UK is able to compete in the global race is one of the government’s key priorities. That is why I have established the FSTIB, to bring together the best that our public and private sectors have to offer to strengthen the UK’s performance in financial services at home and abroad.’
Members of the FSTIB include representatives from the Foreign and Commonwealth Office, UK Trade and Investment, the Department for Business, Innovation and Skills, TheCityUK and the International Trade and Investment Group, chaired by Andrew Cahn.
It will meet quarterly to identify trade and investment priorities within financial services and recommend joint government and industry actions.
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