David Thomas named interim chief ombudsman

clock

Principal ombudsman David Thomas will take over at the helm of the FOS until a permanent replacement for Walter Merricks is found.

Thomas will step in as interim chief ombudsman when Merricks departs on 30 October. Merricks leaves the FOS this month after holding the role of chief ombudsman for ten years to become chair of a new medical tribunal. Thomas, who has been at the FOS for a decade, will take over as chief ombudsman until a permanent replacement is found. He has previously worked as a banking ombudsman and a solicitor. The position was first advertised last month, after the FOS spoke to key stakeholders to decide one which skills and experience would be most needed for a new chief ombudsman. Candidat...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

SDR extension plans will ensure 'uniform standard' for portfolios

SDR extension plans will ensure 'uniform standard' for portfolios

'Retail-focused firms are also facing a short timeline to prepare'

Cristian Angeloni
clock 24 April 2024 • 4 min read
FCA proposes advisers and platforms 'must' communicate SDR labels

FCA proposes advisers and platforms 'must' communicate SDR labels

Distributors also must provide access to consumer-facing disclosures

Isabel Baxter
clock 23 April 2024 • 1 min read
Scenario modelling: Meeting the FCA's retirement expectations

Scenario modelling: Meeting the FCA's retirement expectations

Meeting regulatory standards and maximising good client outcomes

Stephen Ford
clock 22 April 2024 • 5 min read