Pain to quit regulator in 2011

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Jon Pain, the FSA’s managing director of Supervision and an FSA Board member, has decided to leave the organisation next year.

Following the announcement that the FSA will be split in 2012, Pain decided that there will not be a suitable role for him in the new structure.

FSA chief executive Hector Sants said: “It is with regret that I have to announce that Jon has decided to leave the FSA next year. However

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