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Michael Lord becomes FSA head of mortgages and credit unions

Michael Lord has taken over as head of mortgages and credit unions in the small firms division of the FSA.

He replaces Andy Watson who has left the FSA.

Lord will continue to look after the investment department in the small firms division until February 20. He will be succeeded in the role of head of investments by current head of department in the retail firms division Jonathan Fischel.

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