The Financial Services Authority (FSA) today announced the appointment of Lawrence Churchill CBE as the new Chairman of the Board of the Financial Services Compensation Scheme (FSCS) for three years. He will take up his appointment on 1 April 2012, succeeding David Hall CBE.
Lord Turner, the FSA’s chairman, said:
“I am delighted Lawrence has agreed to serve as FSCS Chairman. He will bring an invaluable set of skills and knowledge from his varied experience in the financial services sector over many years, which will only benefit the FSCS.
“David has made a significant contribution to the FSCS and financial services since he was appointed chairman over six years ago. He played an important role in navigating the FSCS through many great challenges and unchartered territory, including the banking failures of 2008. David has always provided a positive lead to the Board through many subsequent challenges. We wish him well for the future.
Read more here--: CCR Magazine - FSA appoints new Board Chairman for Financial Services Compensation Scheme