The Financial Services Authority (FSA) has appointed Max Taylor as a non-executive director of the Financial Services Compensation Scheme (FSCS).
Taylor is currently deputy chairman of Aon UK and executive director of Aon Global, as well as the British Insurance Brokers Association chairman.
He will take up the FSA post from 1 September.
Prior to joining Aon in January 2001, Taylor was chairman of insurance market Lloyd’s for three-year term.
He is also University of Surrey council chairman and a director of The Henderson Smaller Companies Investment Trust and Mitsui Sumitomo Insurance underwriting at Lloyd's.
FSCS chairman David Hall says he is delighted to welcome Taylor to the board.
“I am confident that his skills and experience will be a real asset to FSCS and that he will be a very useful addition to the FSCS Board," he says.
FSA chairman Callum McCarthy added: "the FSA is pleased to announce that Max Taylor is joining the FSCS Board and is confident his experience within the Insurance Industry will benefit the FSCS greatly," he says.
To comment on this story, contact:
0207 034 2681
Partner Insight Video: Advisers have had to adapt to the changing investment landscape.
Investment trust savings scheme