The Financial Conduct Authority (FCA) has appointed three chairmen, including the chief executive of Nationwide, to lead the independent panels set up to represent its constituents' interests and provide independent views to the regulator.
The advisory panels comprise a practitioner panel, smaller business practitioner panel and a markets practitioner panel. A consumer panel is also in place.
The new regulator, set to take over from the Financial Services Authority (FSA) on April 1, has appointed Graham Beale, chief executive of Nationwide Building Society as chairman of the FCA practitioner panel.
Andrew Turberville Smith, who is finance director and chief operating officer of Weatherbys Bank, will be chairman of the FCA smaller business practitioner panel.
Paul Swann, the president and managing director, ICE Clear Europe, will be chairman of the FCA markets practitioner panel.
All three panels will provide input and challenge FCA policy developments.
In addition, two new appointments have been made to the practitioner panel to replace former members.
Alison Brittain, group director of retail at Lloyds Banking Group, and chief executive of Schroders Michael Dobson, have both joined in readiness for transfer to the FCA.
Chairman designate of the FCA, John Griffith-Jones, said: "The panels provide an injection of senior industry expertise and opinions directly in to the FCA board's deliberations.
"We are grateful to the previous chairmen of the FSA panels, Joe Garner and Guy Matthews who had both agreed to stay on until April 1 and are handing over with a respected track record to the new FCA."
