Antonio Simoes, Chief Executive Officer for HSBC in the UK, becomes Chair of the FCA Practitioner Panel from 1 August 2015. He has been a member of the Practitioner Panel for two years.
Antonio Simoes succeeds Alison Brittain, former Group Director of Retail at Lloyds Banking Group, who announced in May that she is leaving the financial services sector, and therefore the Panel, to join Whitbread plc as Group CEO.
FCA Chairman John Griffith-Jones said:
"The Practitioner Panel plays a vital role in ensuring that the voice of industry is heard in the UK's regulatory system. Antonio has served on the Panel for the previous two years and appreciates how important the role of Chair is so that the regulator and financial services industry can have a dialogue that is both challenging and constructive. I look forward to working with him in his new role."
Antonio Simoes, CEO of HSBC UK, said:
"It's an honour to have been invited to chair the FCA practitioner panel. I'm looking forward to making a positive contribution to the important role the panel plays in supporting the regulatory framework in the UK, at a time when rebuilding trust in the financial services industry has never been more important. My focus will be on fostering a constructive dialogue between the panel and both the Executive and the Board of the FCA."
