The Board
The FSA is governed by a Board appointed by the Treasury.
The majority of the Board members are non-executive. The Deputy Governor (Financial Stability) of the Bank of England, is an ex officio director. One of the non-executive members is Deputy Chairman and 'lead' non-executive. The non-executive directors check that we operate efficiently and economically, oversee our mechanisms of financial control and set the pay of the executive members of the Board.
FSA board members as at 30 December 2011:
Chairman
Adair, Lord Turner
Adair Turner was appointed FSA Chairman in September 2008. He has combined careers in business, public policy and academia.
Adair Lord Turner's full biography
Chief Executive, FSA
Hector Sants
Hector was appointed FSA Chief Executive at the end of July 2007 and in July 2010 was appointed Deputy Governor Designate of the Bank of England and CEO designate of the Prudential Regulation Authority which will be the subsidiary of the Bank of England responsible for prudential regulation of Banks and Insurers. He is also a member of the interim Financial Policy Committee of the Bank of England.
Other board members
Amanda Davidson - Non-executive FSA Board Member
Amanda Davidson joined the FSA Board in May 2010. She has been a Director of Baigrie Davies, an Independent Financial Adviser, since 2005. Her previous career includes Directorship of Holden Meehan where she was involved in the sale of the business to Bradford & Bingley in 2003.
Amanda Davidson's full biography
Andrew Scott - Non-executive FSA Board Member
Andrew Scott joined the FSA Board in November 2009. He is Professor of Economics and Deputy Dean at London Business School, a Fellow of the Centre for Economic Policy Research and Scientific Chair of the Euro Area Business Cycle Network.
Brian Flanagan - Non-executive FSA Board member
Brian Flanagan joined the FSA Board in January 2007. He is a non-executive director of Wm Morrison Supermarkets plc and Bettys and Taylors of Harrogate. He is also advisor to Jet Environmental Ltd. He was formerly a Vice President of Mars Inc.
Brian Flanagan's full biography
Brian Pomeroy - Non-executive FSA Board Member
Brian Pomeroy CBE joined the FSA Board in November 2009. He was the Senior Partner of Deloitte Consulting until 1999 when he took up a number of public, private and voluntary sector appointments.
Brian Pomeroy's full biography
Dame Sandra Dawson - Non-executive FSA Board member
Dame Sandra joined the FSA Board in May 2010. She has been a Deputy Vice Chancellor of Cambridge University since 2008. Since 1995 she has held various other roles at Cambridge University including Director of the Judge Business School and Master of Sidney Sussex College.
James Strachan - Non-executive FSA Board Member
James Strachan joined the FSA Board in November 2009. He is a non-executive director of Towergate Insurance Group, JPMorgan Asian Investment Trust plc, Welsh Water Limited, Sarasin and Partners LLP and Social Finance Limited.
James Strachan's full biography
Karin Forseke - Deputy Chair and Senior Independent Director
Karin Forseke joined the FSA Board in December 2004. She was Chief Executive Officer of Carnegie Investment Bank AB from 2003 until March 2006.
Karin Forseke's full biography
Lesley Titcomb - Acting Chief Operating Officer
Lesley became Acting Chief Operating Officer in July 2010 and has overall responsibility for the FSA’s Operations Business Unit.
Lesley Titcomb's full biography
Margaret Cole - Interim Managing Director, Conduct Business Unit
Margaret Cole joined the FSA in July 2005 as Director of Enforcement. She is a graduate in Law from New Hall, Cambridge and is a solicitor with over 20 years' experience in private practice, specialising in commercial litigation with an emphasis on financial services. She is also qualified as a Mediator with CEDR and the ADR Group.
Margaret Cole's full biography
Mick McAteer - Non-executive FSA Board Member
Mick McAteer joined the FSA Board in November 2009. He is the founder and Director of The Financial Inclusion Centre. He has over 20 years experience in financial services.
Paul Tucker - Non-executive FSA Board Member
Paul Tucker joined the FSA Board in March 2009 after having become Deputy Governor, Financial Stability of the Bank of England. He is a member of the Bank's Monetary Policy Committee and in addition has specific responsibility for the Bank's work on financial stability.
Peter Fisher - Non-executive FSA Board member
Peter R. Fisher joined the FSA Board in January 2007. He is Senior Managing Director of BlackRock and is Head of BlackRock's Fixed Income Portfolio Management globally.
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