§ Lord Brooke of Alverthorpeasked Her Majesty's Government:
Who has been appointed to the chairmanship of the Financial Services Authority. [HL2364]
§ Lord McIntosh of HaringeyThe Chancellor of the Exchequer has today announced that Callum McCarthy has agreed to be the next chairman of the FSA. With experience of the public sector, as a senior practitioner in the financial services industry and as chairman of a highly successful regulator, he will prove invaluable to the FSA as it tackes the regulatory challenge of the future. Callum McCarthy will take up his new duties in September.