The man responsible for HSBC's UK retail and commercial banking business has been named as the next chairman of the Financial Services Practitioner Panel (FSPP).
Joe Garner, head of the UK Bank and deputy chief executive of HSBC Bank, will assume the role on 1 June, taking over from Russell Collins, who is retiring from Deloitte at the end of May.
His appointment was made by the Financial Services Authority (FSA) and approved by the Treasury and comes less than a year after Collins took up the role.
FSA chairman Adair Turner said: "This is a period of great change to the UK's regulatory framework and the involvement of senior practitioners adds great value.
"I am pleased Joe has agreed to take on this important role and would like to extend my thanks to Russell Collins for his time as chairman."
Garner joined HSBC in 2004 and was a non-executive director of the Financial Ombudsman Service from February 2008 to 2010.
Along with the Consumer Panel, the Practitioner Panel is a statutory body, meaning the FSA has a duty to consider its representations and respond in writing where it disagrees with the views or proposals expressed.
