83/98
21 May 1998
APPOINTMENTS TO THE BOARD OF THE FINANCIAL SERVICES AUTHORITY
The Treasury is seeking applicants for a number of non-executive Board members for the Financial Services Authority. Advertisements will appear in the national, regional and trade press in the next week.
Chief Secretary to the Treasury Alastair Darling said:
"These are important appointments to a new and trailblazing organisation. Successful candidates will play a major role in the development of the Financial Services Authority and of the regulatory system. We are looking for applicants with flair and a keenness to design a regulatory system to further enhance Britain's reputation as the foremost financial centre in the world expertise. Appointments will be made in accordance with Nolan Committee procedures."
NOTES TO EDITORS
The Board of the Financial Services Authority is, from 1 June, appointed by the Treasury.
All Board members are appointed in a personal capacity and do not serve as representatives of particular interests or associations.