Ex-FSA CEO in talks to take a possible Deloitte role

by Rachael Singh

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05 Dec 2012

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FSA chief executive Hector Sants

FORMER CEO of the Financial Services Authority Hector Sants is reported to be in talks with Deloitte just a few months after leaving the regulator.

Sants (pictured), who stepped down in June, is in talks to take on an equity partner role at Deloitte, SkyNews.com reports.

Sants is currently on gardening leave from the FSA which is due to expire at the end of the month.

He was promoted to CEO of the financial regulator in July 2007. He announced his resignation in 2010 following the coalition government's decision to dismember the FSA to create a more streamlined regulator.

Sants was awarded a performance-related bonus of £143,750 for the 15 months to the end of March, The Telegraph reports. However, it is reported he will donate the money to Kate Middleton's charity The Art Room.

Deloitte declined to comment.

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