Lawrence Churchill, the current chairman of the National Employment Savings Trust (NEST), is to be the next chairman of the Financial Services Compensation Scheme (FSCS).
His appointment was confirmed by the Financial Services Authority (FSA) today and he will begin his three-year term on 1 April 2012, succeeding David Hall. Churchill is the former chief executive of UK, Irish & International Life at Zurich Financial and has also held senior roles in Unum, NatWest life and investments and Hambro Life/Allied Dunbar Assurance. The position has been held for six years by Hall and FSA chairman Lord Turner praised him for his "significant contribution" to the FSCS. Churchill added: "The FSCS will continue to play a vital role in providing confidence in t...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
