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NCC&#39s Bradley to take over as FSA consumer director

National Consumer Council director Anna Bradley, a supporter of depolarisation, will replace Christine Farnish as FSA director of consumer affairs.

The FSA made three new appointments last week, including director of insurance firms and head of deposit-takers.

The top consumer job at the regulator has been vacant since Farnish resigned in June to join the National Association of Pension Funds as chief executive.

Bradley, who joins the regulator at the end of the year, has headed the NCC since 1999. She was at the Consumers&#39 Association between 1982 and 1993.

FSA managing director John Tiner says: “I am delighted that Anna Bradley is joining us. She is a recognised authority in consumer affairs. Her expertise will help us deliver a step-change in our work to improve public understanding of the financial system.”

The FSA&#39s consumer division was quiet throughout the summer without Farnish or her lieutenant Deborah Fowler, who also departed in June.

Under Bradley, the NCC moved back into the financial services arena in the spring after a three-year absence, with the publication of a report looking at extending advice to the financially excluded.

The report was criticised for supporting the FSA&#39s plans for depolarisation outlined in CP121 despite resistance from both the Consumers&#39 Association and the Financial Services Consumer Panel.

Current director of deposit-takers David Strachan replaces Martin Roberts as director of insurance and head of the pension review Philip Robinson takes over from Strachan as head of banking regulation.

Strachan has no experience in the insurance industry. Before he joined the FSA in 1998, he worked in banking supervision at the Bank of England. Robinson has run the pension review since 2001.


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