View the article online at http://citywire.co.uk/wealth-manager/article/a652955
FSA unveils double FSCS board appointments
by Sarah Miloudi on Jan 23, 2013 at 10:42
The Financial Services Authority (FSA) has appointed two new non-executive directors to the board of the Financial Services Compensation Scheme (FSCS).
Marian Glen and Charles McKenna will take up their posts on 1 February.
Glen was General Counsel at Aegon UK plc from 2009 to 2011 and prior to that was a partner at Shepherd and Wedderburn from 1994 to 2008.
McKenna spent 22 years as a corporate partner at Allen and Overy, specialising in corporate transactions, financial services and regulatory bodies.
Lord Adair Turner (pictured), chair of the FSA, said the two appointments coincided with a period of regulatory change and adding the pair's experience would be 'invaluable' in steering the FSCS through the uncertainty.
Lawrence Churchill. chair of compensation body the FSCS, added: 'I am pleased we have been able to appoint two people of such high calibre as Marian Glen and Charles McKenna to the FSCS board. They have a wealth of experience that will benefit both consumers and the firms to whom we are accountable.'
News sponsored by:
As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.
Today's top headlines
With talk on interest rates on the horizon, our latest roundtable debate covers income investing against a changing backdrop
More about this:
On the road
by Dylan Lobo on Jul 22, 2014 at 10:22