The Chartered Insurance Institute (CII) has appointed Law Commissioner David Hertzell to chair its Professional Standards Board (PSB), succeeding David McIntosh who will leave his post at the end of the year.
In his new role at the helm of the CII board's advisory body, Hertzell will be responsible for guiding the institute's standards for 'achievement of excellence' and the CII's governance of its members and internally.
Hertzell is a serving Law Commissioner, having been appointed in 2007. Before joining the Law Commission he was managing partner at Davies Arnold Cooper Solicitors, where he began his legal career in 1981.
He specialised in professional indemnity, reinsurance, captive insurance and regulatory issues, and is also vice president of the British Insurance Law Association.
Hertzell said: "The last few years have seen professional standards in financial services under greater scrutiny than ever before, demonstrating how fundamentally important it is to have a robust oversight and disciplinary process and to maintain vigilance, anticipate and address public interest issues.
"It is an honour to be appointed as the new chair of the CII Professional Standards Board and I look forward to building on the strong foundations David McIntosh has put firmly in place."
McIntosh, who leaves his post after seven years, has overseen the CII Code's revision and the strengthening of its independent disciplinary structure for regulated advisers. He also oversaw the launch of the Chartered firm concept.
CII chief executive Sandy Scott said: "The CII has had a Professional Standards Board in place for more than 10 years and David McIntosh, who has been chair of the board for the last seven years, deserves particular recognition and gratitude for presiding over a more robust, rigorous and independent process than at any other equivalent professional body.
"I would also like to welcome David Hertzell as the new chair of the CII's PSB from 2014. Under his leadership the CII group will continue to strive for market leading professional standards for the benefit of our members and the public alike."
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