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Lloyds chief risk officer linked to post-FSA role

The outgoing chief risk officer at Lloyds Banking Group is being linked to a senior post at the regulatory bodies replacing the Financial Services Authority.

The Financial Times reports that Carol Sergeant is considered a strong contender to head one of the organisations that will be created when the FSA is abolished in 2012.

These include the Consumer Protection and Markets Agency and the Prudential Regulatory Authority.

Sergeant worked at the Bank of England from 1974 to 1997 before moving to the newly formed FSA.

She joined Lloyds in 2004 and was promoted to the board in 2008.

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  • lilliana 12th November 2010 at 8:04 pm

    Another Lloyds BOD failure who approved the HBOS disaster onto this once great bank… and is running from the consequences.

  • Steve Balmer 11th November 2010 at 4:38 pm

    Shocking – a past member of the BOE benefits from working between a main UK bank and regulatory board. Back and forth, I wonder if Ms Sergeant currently see’s herself as a wolf, a sheep or a wolf in sheeps clothing?