M&G chief executive Anne Richards has been named chair of the Financial Conduct Authority (FCA) practitioner panel.
Richards, who has been a member of the board since 2013, will succeed outgoing chair António Simões, boss of HSBC, in August.
Alongside Richards’ appointment, the FCA announced John Trundle as chair of its markets practitioner panel effective from next week.
Trundle, who has sat on the panel since 2013, succeeds Robert Mass, senior advisor in global compliance at Goldman Sachs.
‘Both Anne and John appreciate the important role that the Panels play in ensuring the regulator and financial services industry can have a dialogue that is both constructive and challenging,’ said FCA chair John Griffith-Jones [pictured].
‘I am sure that they will continue the excellent work of their predecessors and I look forward to working with them both in their new roles.’
The FCA practitioner panels are independent statutory bodies that represent the interests of the financial services industry within the UK’s regulatory framework.
Panel members are recruited to represent both their own sector and the industry as a whole, rather than individual firms.