Turner confirmed as FSA chairman

Turner confirmed as FSA chairman

Turner has been confirmed as FSA chairman for a five-year term

Lord Turner of Ecchinswell, the former CBI director-general, was confirmed
yesterday as chairman of the
Financial Services
Authority
(FSA).

He will take the FSA reins for a five-year term from September, when Sir
Callum McCarthy steps down.

Turner is a trusted adviser to Prime Minister Gordon Brown and the
government, having undertaken high-profile roles since leaving the CBI nine
years ago.

During his time at the CBI, Lord Turner consolidated a reputation for
intellectual rigour, gained from his previous career at the McKinsey management
consultancy, with a desire to give capitalism a human face, The Times
reports.

These attributes attracted him to the Labour Government as one of their
favourite advisers, commission chairmen and review conductors when he left the
CBI after a four-year term.

Further reading:

Former Downing St adviser likely to head FSA

Read
The Times story

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