The Financial Conduct Authority has appointed new chairs for the FCA’s independent Practitioner Panel and Markets Practitioner Panel.
Anne Richards, chief executive of M&G, becomes chair of the FCA Practitioner Panel from 1 August 2017. She has been a member of the Panel since 2013. She succeeds António Simões, chief executive officer of HSBC Bank plc.
John Trundle, chief executive officer of Euroclear UK & Ireland, becomes chair of the FCA Markets Practitioner Panel from 1 July. He has been a member of the Panel since 2013 and succeeds Robert Mass, senior advisor in Global Compliance at Goldman Sachs.
FCA Chairman John Griffith-Jones said: “Both Anne and John appreciate the important role that the Panels play in ensuring the regulator and financial services industry can have a dialogue that is both constructive and challenging.
“I am sure that they will continue the excellent work of their predecessors and I look forward to working with them both in their new roles.
“I would also like to thank António and Robert for their contribution to the work of the Panels as both members and chairs.”
The FCA Practitioner Panels are independent statutory bodies that represent the interests of the financial services industry within the UK’s regulatory framework. Panel members are recruited to represent both their own sector and the industry as a whole, rather than individual firms.