Sants to replace Tiner at FSA

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THE FSA has appointed Hector Sants as its new chief executive to succeed John Tiner who steps down following the regulator's annual public meeting on 19 July.

Sants has been at the FSA since May 2004, and is currently managing director of wholesales and institutional markets. Prior to this he was at Credit Suisse First Boston, where he held the position of chief executive for Europe, Middle East and Africa. He will take up his new role immediately following Tiner’s departure. Outlining his plans for the next phase of the FSA’s development, Sants said he would continue to follow the agenda laid down by Tiner. He explained: “I firmly believe in the risk-based and more principles-based approach the FSA has pioneered and I will work with the indu...

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