§ The Chancellor of the Exchequer (Mr. Gordon Brown)I am pleased to announce that Callum McCarthy has agreed to be the next chairman of the FSA Board. 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 to58WS the FSA as it tackles the regulatory challenge of the future. Callum McCarthy will take up his new duties in September.