The FSA has appointed Paul Stockton as non­-executive director to the board of the Financial Services Compensation Scheme (FSCS).
Stockton is currently group finance director at Rathbone Brothers plc.
He has worked in the insurance sector and in his current role has experience of private client fund management and asset management.
The FSA said that through his work in the industry he has developed a strong understanding of issues relating to financial services sales, consumer issues, corporate governance and regulatory compliance.
Lord Turner, the FSA’s chairman, said: “We are pleased that Paul has been appointed to the FSCS Board as non-executive director. He brings with him valuable experience which will greatly benefit the FSCS.””