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.
GGI's netwrok has more than 500 members and 700 member offices worldwide
Head of Editorial Kevin Reed looks at the week's news, including the BHS and Austin Reed administration, Accountex and much more.
Smith Pearman staff at their office in Ripley, Surrey will be relocating to the nearby Shipleys office in Woolsack Way, Godalming
PwC elects Kevin Ellis as its new chairman and senior partner in the UK and Middle East