The Financial Services Authority (FSA) today announced two new director appointments.
The Finance Strategy and Risk division currently under Kari Hale has been split in two with added responsibilities for each. Verena Ross has been appointed Director of Strategy and Risk and Martin Walton has been appointed Finance Director, in charge of a fully integrated finance and planning function.
The Strategy and Risk division will be responsible for strategic planning (including the FSA's Better Regulation strategy), risk management, international co-ordination and the economics of financial regulation.
John Tiner, chief executive of the FSA, said:
"I am delighted to announce these appointments. Verena has an extensive background in domestic and international supervision and policy formulation both at the FSA and the Bank of England. Her contribution will be crucial to our activities going forward, particularly in helping us look ahead to potential risks on the horizon. I am also pleased to welcome Verena to the FSA's Executive Committee and Regulatory Policy Committee.
"Martin brings significant and wide financial experience having spent a decade with both Price Waterhouse and Zurich Financial Services and, more recently time with Old Mutual, before joining the FSA last year."
