New FSA appointments to give ‘fresh perspective’

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The Chancellor has announced the appointment of Mick McAteer, Brian Pomeroy, Andrew Scott & James Strachan as non-executive directors (NEDs) of the Financial Services Authority (FSA).

Mick McAteer is founder and director of the Financial Inclusion Centre, a non executive director of the Pension Advisory Service and board member of the Financial Reporting Council’s Professional Oversight Board he was formerly principal policy adviser to Which? (formerly the Consumer’s Association).

Brian Pomeroy is chair of the Financial Inclusion Task Force, the Gambling Commission, the Payments Council, and is a director and deputy chair of QBE Insurance Europe Ltd he was formerly a member of the Audit Commission and chair of its Audit Committee, and chair of the National Lottery Commission.

Andrew Scott is professor of economics, London Business School, fellow of the Centre for Economic Policy Research and managing editor for the Royal Economic Society’s Economic Journal.

James Strachan is non-executive director of Legal & General Group, Care UK plc, Welsh Water Limited, Sarasin and Partners LLP, JPMorgan Asian Investment Trust plc, Social Finance Limited and Vice President of the charity, RNID he was formerly chair of the Audit Commission, formerly managing director and board member of Merrill Lynch International and director of the Bank of England until May 2009.

Alistair Darling said: “I am very pleased to announce the appointment of these new members to the FSA Board. Their mix of capabilities and backgrounds will make a valuable contribution to the work of the FSA.

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