The FSA has appointed social policy group Lemos&Crane partner Gerard Lemos as the chairman of the Consumer Financial Education Body.
Lemos is a partner at the social researchers where he leads its research team. He is the author of numerous books and reports about social policy and is a non-executive director of the Crown Prosecution Service.
FSA chief executive Hector Sants says: “I am delighted that Gerard is to become chairman of the CFEB. He is taking up his role at a critical time for the new body as it prepares to set up the national financial advice service, establish its operational independence and develop a long-term strategy.”
The new body, created in April of this year and funded by the financial services industry, provides information, education and advice through a national financial advice service. It also sets up projects for young people, students, employees, new parents and those approaching retirement via its work with non-profit organisations.