Yorkshire CEO appointed chairman of FSPP
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Iain Cornish, chief executive of Yorkshire Building Society, has been appointed the new chairman of the Financial Services Practitioner Panel.
Cornish takes the place of Nick Prettejohn, who stands down having completed his two year term as chairman.
In addition to heading up the Yorkshire since July 2003 he has also been a member of the FSPP since March 2007.
Cornish says: “The Financial Services Authority is currently under more pressure than ever. Everyone has an interest in the effective and proportionate regulation of financial services. I want to ensure that the FSPP helps the FSA to get the balance right, and that it provides a constructive industry voice on the issues which are at the heart of FSA policy making.”
Adair Turner, chairman of the FSA, says: “The FSPP provides the FSA with a senior industry sounding board which is extremely valuable in ensuring we take firms’ interests into account. I thank Prettejohn for all his advice during his chairmanship, and look forward to working with Cornish in the future.”
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