Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

FSA unveils double FSCS board appointments

FSA unveils double FSCS board appointments

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.'

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Wealth Manager Retreat 2017: size isn't everything

Wealth Manager Retreat 2017: size isn't everything

We asked our delegates at the Wealth Manager Retreat what they think about the recent wave of consolidation in the industry.

1 Comment Play CIO Tapes - part 3: 'passive funds are anti-capitalist'

CIO Tapes - part 3: 'passive funds are anti-capitalist'

Citywire recently gathered three of the UK's leading fund investment heads to discuss their hopes, fears and the issues that their jobs throw at them daily.

Play CIO Tapes: do investors have it as good as it gets?

CIO Tapes: do investors have it as good as it gets?

Citywire gathered three of the UK's leading fund investment heads to discuss what they fear and what makes them cheer about the year ahead

Read More
Your Business: Cover Star Club

Profile: from managing Brunei’s billions to Dorking’s pension pots

Profile: from managing Brunei’s billions to Dorking’s pension pots

Mole Valley Asset Management's boss on why he chucked in multi-billion mandates for Surrey wealth management

Wealth Manager on Twitter