FSA adviser who approved disgraced ex Co-op chairman Flowers got job at troubled lender

Laura Miller
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One of the regulators who rubber-stamped the appointment of disgraced former Co-op Bank chairman Paul Flowers later landed a job with the troubled lender, according to reports.

Graeme Hardie was one of the Financial Service Authority's ‘grey panthers' - seasoned financial experts drafted in to help vet senior banking appointments, the Daily Mail reports. And well-placed sources confirmed Hardie was on the FSA panel that interviewed Flowers when he was chosen as chairman of Co-operative Banking Group in 2010. Flowers has since been discredited in the light of revelations about the alleged use of drugs including crystal meth and the horse tranquiliser ketamine. Earlier this year Hardie was recruited by the Co-op Bank as a non-executive director, a role that...

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