FSA appoints new directors

The Financial Services Authority today appointed two new directors and announced some moves among existing directors.

Sally Dewar is appointed director of the markets division. Dewar joined the Stock Exchange’s Listing Authority (now the UK Listing Authority) in 1998 and is currently head of primary markets within the markets division.

She will report to Hector Sants, managing director of the wholesale markets business unit.

Stephen Bland has been appointed director of the Small Firms Division. Bland joined the FSA at its inception and has been acting director of the small firms division for the last 10 months.

John Tiner, chief executive of the FSA, says: “I am delighted to welcome Sally and Stephen to the director team. Their in-depth knowledge of financial markets and regulation are an excellent complement to the recent senior appointments we have made from the industry itself.”

Anna Bradley, director of retail themes and sector leader for consumers, has decided to leave the FSA. She will be replaced by Vernon Everitt, currently director of people and communications division.

Tiner says: “Anna has worked tirelessly on a range of consumer-related issues since joining us in 2002. In particular, Anna has led the Authority’s work to develop a national strategy for financial capability, developed its financial promotions agenda, taken its mortgage endowment complaint handling work forward and established the consumer sector team. We wish her every success in the future.”

“I am delighted that Vernon is taking on this portfolio of activities which is central to the successful delivery of our overall business strategy.”

Bland and Everit will report to Clive Briault, managing director of the retail markets business unit.

Kathleen Reeves, who joined the FSA as human resources director in May 2005, will take responsibility for all human resources and training functions, reporting directly to John Tiner. A new director of communications will be recruited.