The Financial Services Authority is hiring a new chairman of the Financial Services Compensation Scheme - on a yearly salary of £75,000 for two days work a week.
The job advert appears in the Times newspaper, under the heading 'Contributing to Financial Stability'. An "exceptional person" is sought by the FSA to succeed David Hall, who steps down after six years as chair of the FSCS at the end of March 2012. Candidates should either have spent a "significant" part of their career in financial services, or "be able to demonstrate an excellent understanding of the sector". The successful candidate will work at the FSCS' central London offices "circa two days per week; £75,000 per annum". Advisers and the rest of the regulated finance indus...
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