NON-EXECUTIVE DIRECTORS FINANCIAL SERVICES AUTHORITY

Advertisement for Non-Executive Directors Financial Services Authority

Advertisements for suitable candidates for appointment as non-executive directors of the Financial Services Authority (FSA) will appear in national newspapers this week and on the Treasury and FSA websites.

On 30 November vacancies will arise as non-executive directors complete their terms of office. The Treasury will be looking to fill these posts with people of undisputed integrity, standing, and authority, with broad experience inside and outside the financial services industry.

As the single regulator for financial services in the UK, the FSA has one of the widest remits of any international financial services regulator. The FSA Board faces challenges whose complexity and importance match those faced by any board in this country.

Notes to editors

1. All appointments will be made in accordance with the guidance issued by the Office of the Commissioner for Public Appointments.

2. Board members are appointed in a personal capacity and do not serve as representatives of particular interests or associations.

3. The FSA became the statutory single financial services regulator for the UK at midnight on 30 November 2001.

4. There are currently 17 members on the FSA Board, of whom 12 are non-executive directors.

5. Departing board members are Moira Black, Gillian Nott and Shamit Saggar.

6. Media requests for further information should be addressed to the Treasury press office on 020 7270 4420.

7. This press release and other Treasury publications and information are available on the Treasury website. If you would like Treasury press releases to be sent to you automatically by email you can subscribe to this service from the press release site on the website.

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Press Notices July to December 2004 index