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Paul Myners to leave PADA in ministerial move

Paul Myners is to leave his position as chairman of the Personal Accounts Delivery Authority in order to take up his new role as financial services secretary.

Myners, who was formerly chief executive of Gartmore, was offered the newly-created position by the Prime Minister as part of his Cabinet reshuffle this weekend.

The changes also saw the appointment of a new pensions minister Rosie Winterton who is to replace Mike O’Brien as he moves to take on an energy brief.

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