The government has appointed John Griffith-Jones, the chairman of KPMG, as the non-executive chair designate of the Financial Conduct Authority (FCA).
Splitting out of the Financial Services Authority (FSA) in early 2013, the new body will be responsible for the conduct regulation of most financial services firms, including financial advisers. Griffith-Jones will initially join the FSA Board on 1 September as a non-executive director and deputy chairman and will work with Martin Wheatley, the chief executive designate of the FCA, to oversee the creation of the new authority. He will also chair the non-executive committee of the board, while Lord Turner will remain as executive chairman of the FSA until its transition into the Pruden...
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