The Financial Services Practitioner Panel has appointed HSBC head of the UK bank and deputy chief executive Joe Garner as its new chairman.
Garner replaces Russell Collins, who is retiring from Deloitte at the end of this month.
Garner takes on the role from June 1. Collins was appointed chairman of the Financial Services Practitioner Panel in September 2011.
FSA chairman Adair Turner says: “This is a period of great change to the UK’s regulatory framework and the involvement of senior practitioners adds great value. I am pleased Joe has agreed to take on this important role and would like to extend my thanks to Russell Collins for his time as chairman.”
Garner says: “A safer and trusted financial services industry is vital. I am delighted to get the opportunity to play a role in shaping the regulatory decision process which could benefit consumers and regulated firms for a generation.”