FSA appoints non-execs to FSCS board
Glen was general counsel at Aegon UK and previously a partner at Shepherd and Wedderburn while McKenna has spent 22 years at Allen and Overy specialising in corporate transactions, financial services and regulatory bodies.
Lord Turner, the FSA’s chairman, said: “We are very pleased to announce the appointment of Marian Glen and Charles McKenna whose experience will prove invaluable for the FSCS during this period of regulatory change.”
Lawrence Churchill, FSCS chairman, said: “I am pleased that we have been able to appoint two people of such high calibre board.
“They have a wealth of experience that will benefit both consumers and the firms to whom we are accountable.”
Churchill added: “I would also like to pay tribute to Ros Reston and Tony Ashford for their exemplary service to the FSCS during the height of the financial crisis. They brought a huge amount of experience and insight to the work of the scheme at a pivotal point in our history.”
As well as appointing two new members to the board the FSA also reappointed Alex Kuczynszi and Kate Bartlett as executive directors for a further term.