114/02
1 November 2002
APPOINTMENT OF NON-EXECUTIVE DIRECTOR
TO FSA BOARD
Chancellor of the Exchequer Gordon Brown today announced that Steve Thieke has been appointed a Non-Executive Director of the FSA as from 1 November. Mr Thieke previously served on the FSA Board from December 1997 to December 2000.
Mr Brown said:
“Steve Thieke has extensive experience in financial risk management and I am sure he will make an invaluable contribution to the Board.”
FSA Chairman Howard Davies said:
“I am very pleased to welcome Steve back to the Board. He made a major contribution to the development of the FSA during his first term of office and it is excellent that we will again have his wisdom and knowledge on hand.”
NOTES TO EDITORS
-
Steve Thieke is part-time Chairman of RiskMetrics Group, which markets risk management packages to financial firms. Previously he was Managing Director, JP Morgan & Co in New York from 1989 to 1999, serving as Chairman of its Risk Management Committee and Head of Corporate Risk Management. He also served as Chairman and President of JP Morgan Securities Inc. Prior to joining JP Morgan he was Executive Vice President of Credit and Capital Markets at the Federal Reserve Bank of New York.
- The Board of the FSA is appointed by the Treasury in accordance with the rules of the Office of the Commissioner for Public Appointments.
- Board members are appointed in a personal capacity and do not serve as representatives of particular interests or associations. A list of the current membership of the Board of the FSA is attached.
- The FSA became the statutory single financial services regulator at midnight on 30 November 2001, when the Financial Services and Markets Act commenced.
- If you have access to the internet, you can find this news release and other Treasury material on this site.
- Media requests for further information should be addressed to Simon Moyse in the Treasury Press Office, tel. 020 7270 4420.
List of FSA Board Members
| Sir Howard Davies | Executive Chairman, the FSA |
| Stewart Boyd, QC | Deputy Chairman, the FSA Bencher, Middle Temple |
| Moira Black,CBE | Chairman, Consumer Communications for England Vice Chairman, University of North London Director, North West London Hospital NHS Trust |
| Tom de Swann | Member of the Managing Board, ABN AMRO Bank NV |
| Michael Foot | Managing Director, Deposit Takers & Markets Directorate, the FSA |
| Kyra Hazou | Formerly Managing Director and Regional General Counsel, Salomon Smith Barney/Citibank |
| Deirdre Hutton, CBE | Chairman, National Consumer Council Member, Better Regulation Task Force |
| Sir Andrew Large | Deputy Governor (Financial Stability), Bank of England |
| Gillian Nott CBE | Chairman, Baronsmead Venture Capital Trust plc Director, Foreign & Colonial Pacific Investment Trust Ltd |
| Christopher Rodrigues | Group Chief Executive, Bradford & Bingley plc Director, Energis plc |
| Dr Shamit Saggar | Performance & Innovation Unit, Cabinet Office, London |
| Carol Sergeant | Managing Director, Regulatory Processes and Risk Directorate, the FSA |
| John Tiner | Managing Director, Consumer, Investment & Insurance Directorate, the FSA |
| Steve Thieke | Chairman, RiskMetrics Group |
| Sir Keith Whitson | Group Chief Executive, HSBC Holding plc |
| Clive Wilkinson | Chair of Birmingham Heartlands NHS Trust Chair of Midlands Industrial Association |

