Go to Investment Week homepage
  • Site search
  • Job search
  • Subscribe
  • Newsletter
  • Mobile
  • RSS
  • Home
  • News
  • Opinion
  • Fund Manager Views
  • Interviews
  • Sector Analysis
  • Features
  • Events
  • Audio/Video
  • Jobs
  • Research Centre
  • Share Centre
  • About us
  • Contact us
  • Advertise
  • UK
  • Global
  • Fixed Income
  • Managed
  • Specialist
  • Markets
  • Goslings Grouse
  • Contrarian Investor
  • Leader
  • The Alchemist
  • The Big Interview
  • Fund Manager Focus
  • Funds to watch (RADAR)
  • Practical
  • Technical
  • The Big Question
  • Conjecture
Where am I? breadcrumbs arrow image Home breadcrumbs arrow image  News breadcrumbs arrow image Industry breadcrumbs arrow image Regulation

NEWS - REGULATION

Hector Sants to step down as FSA chief

09 Feb 2010 | 10:25
John Bakie

Categories: Regulation

Topics: Fsa | Hector sants

  • Tweet

FSA chief executive Hector Sants will step down in the summer after three years in the role.

Sants says he set out a three-year role at the organisation when he took over, and has decided to stick to his original timetable.

Lord Adair Turner, chairman of the FSA, says Sants played a pivotal role in reforming the FSA following the financial crisis.

He took over the role from John Tiner in summer 2007, having previously worked as managing director of institutional and wholesale markets at the FSA.

Lord Turner says: "Hector has given outstanding service and leadership through the turbulent last three years and has played a pivotal role in reforming the FSA into a truly effective organisation. He will leave behind an organisation with strong purpose and a clear strategy."

"I am very proud of the manner in which the FSA rose to the challenge of dealing with such unprecedented turbulence across global financial markets," adds Sants.

"Moreover, I believe the FSA candidly examined the failings in financial regulation that contributed to the onset of the crisis, learned the lessons and has gone on to reform itself into a much stronger and better equipped organisation."

The FSA's board says it will announce the selection process for Sants's successor in due course.

  • Print
  • Share
  • Comment
  • Hector Sants to step down as FSA chief

More regulationnews

  • FATCA: US Treasury updates proposals to ease burden

  • FSA begins enforcement action over UBS rogue trades

  • FSA fines former JC Flowers UK chief £2.9m

  • UBS 'rogue' trader pleads not guilty to charges

Email alerts

  • Get similar articles direct to your inbox

Related information

Recommended reading

  • Could Ireland be this year’s recovery play?

  • Russia: Why it is bucking the trend in Emerging Europe

  • Why the eurozone has more than 12 months left

  • IMA Global sector gathers momentum as investors search for more diversity

  • Barclays' profits fall 3%, bonus pool shrinks by 26%

Categories

  • Regulation

Topics

  • FSA

  • Hector Sants

Categories: Regulation

Topics: Fsa | Hector sants

  • Comment
  • Email to a friend
  • Print

COMMENTS

There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.Post a comment

MOST COMMENTED ARTICLES

  • Spurs boss Redknapp cleared of tax evasion charges

  • FATCA: US Treasury updates proposals to ease burden

  • Woodford ditches Tesco as Buffett buys

  • Buffett: Bonds should come with a health warning

  • Investors 'twice as likely' to choose active funds over trackers - Lipper

AUDIO/VIDEO

  • Conjecture: High Yield Bonds

  • Conjecture: Global Emerging Markets

  • VIDEO: Why Japan is set for a recovery in 2012

  • Conjecture: Global Equities

  • Conjecture: Fixed Income

THE BIG QUESTION

fragment image

Every week, we ask the experts for their views on the latest topics in the industry

  • View all

EVENTS

  • fund5live

  • Senate Spring Investment Conference

  • Absolute Returns Focus 2012

  • Most read
  • Popular topics
  • Related articles
  • Woodford ditches Tesco as Buffett buys

  • The four key trades to power SLI’s GARS fund in 2012

  • Barclays shares soar despite profits fall

  • Could Ireland be this year’s recovery play?

  • How to access precious metals through ETFs

  • Close Brothers
  • IMF
  • Inflation
  • Italy
  • Portugal
  • Schroders
  • Spain
  • US
  • Warren Buffett
  • eu
  • Fears of fresh Portuguese bailout hit markets

  • US markets plunge as Greek parliament calls crisis talks

  • US markets surge on latest eurozone hopes

  • LIVEBLOG: Global markets in turmoil

  • Global markets rally as EU moves closer to Greek bailout

EDITOR'S CHOICE

1 2 3 4

hale-clive

View from the Bridge: Investment biker

Being a long time motorbiker, I am very conscious of the ever present threat that comes from being unaware of what is in front of you.

Jupiter tops Alpha Manager provider list

Jupiter Unit Trust Managers employs the most FE Alpha Managers with 12 on the newly revealed list for 2012.

lawrence-gosling

Gosling's Grouse: Baying for blood

When a phlebotomist sticks a needle in a vein you pay attention. He or she has you just where they want you.

obama-concerned

FDR, Reagan, Clinton or Obama: When were markets strongest?

Three years into Barack Obama's term as US president, how do equity market returns under this administration compare with those seen under previous leaders?

DIGITAL EDITION

fragment image

Investment Week digital edition

Register now to receive Investment Week in your inbox.

@INVESTMENTWEEK

fragment image

Follow IW on Twitter

Sign up to have all Investment Week's news and analysis tweeted straight to your timeline.
  • Home
  • News
  • Opinion
  • Fund Manager Views
  • Interviews
  • Sector Analysis
  • Features
  • Events
  • Audio/Video
  • Jobs
  • Research Centre
  • Share Centre
logo

© Incisive Media Investments Limited 2012, Published by Incisive Financial Publishing Limited, Haymarket House, 28-29 Haymarket, London SW1Y 4RX, are companies registered in England and Wales with company registration numbers 04252091 & 04252093

  • Site search

sponsored by

Site Credentials:

  • Contact us
  • About Incisive Media
  • Privacy policy
  • Terms & Conditions
  • Accessibility
  • Sitemap

Related websites:

  • IFAonline
  • Professional Adviser
  • Mortgage Solutions
  • Retirement Planner
  • ETFM
  • International Investment
  • Professional Pensions
  • Global Pensions

Jobs:

  • Director/Executive jobs
  • Investment Adviser jobs
  • Investment Analyst jobs
  • Portfolio Manager jobs
  • Private Client Stockbroker jobs
  • Wealth Manager jobs

Accreditations:

  • Digital Publisher of the Year 2010
Tweet