Treasury to advertise for FSA top job

Treasury to advertise for FSA top job

The person chosen to become the new chairman of the Financial Services Authority will be recruited through advertisements in national newspapers and on the Treasury's website.

Link: Split in FSA leadership likely

This recruitment strategy to replace Sir Howard Davies, who will step down in October to head up the London School of Economics, was announced by chancellor Gordon Brown in parliament today.

In a statement, the Treasury said it would be looking for ‘an individual of the highest calibre to lead the FSA in delivering a strong and effective financial services regulatory regime’.

Whoever is selected to replace Sir Howard can expect a salary in the region £370,000 per annum.

The Treasury also confirmed that it would appoint a separate chief executive for the FSA.

It is widely speculated that this could be one of the three current managing directors of the FSA, John Tiner, Michael Foot or Carol Sergeant.

Related Articles

M&S business rate liabilities based on £570m rateable value

Company News M&S business rate liabilities based on £570m rateable value

5m Emma Smith, Managing Editor
BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

9m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

1y Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

1y Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

1y Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

1y Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

1y Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

1y Emma Smith, Managing Editor