The FSA has appointed Abbey chief executive Luqman Arnold, and Dresdner Kleinwort Wasserstein vice chairman Alan Yarrow, to the Financial Services Practitioner Panel.
Arnold and Yarrow replace James Crosby and Hector Sants on the panel, who recently stepped down to become a non-executive director and a managing director of the FSA respectively.
Panel chairman Jonathan Bloomer, said: “I am extremely pleased that Luqman and Alan will be joining the Panel. Their appointments will help us ensure that the Panel continues to provide an important and authoritative channel of communication, at the most senior level, between the FSA and the firms it supervises.”
The panel represents the interests of practitioners within the regulatory framework by ensuring that the FSA takes account of the views and concerns of regulated firms in the development of regulatory policy and in its operation generally.