Chris Cummings, chief executive of TheCityUK, has been appointed as a member of the FCA’s Regulatory Decisions Committee.
He was director general at AIFA, now rebranded as APFA, from March 2003 to September 2010.
Mr Cummings, a member of Cass Business School’s Strategy Board, will also take a role on the Payment Systems Regulator’s Enforcement Decisions Committee.
A statement from the FCA said: “Chris Cummings is the founding Chief Executive of TheCityUK, a post he has held since September 2010. He has led and launched two trade associations in the financial advice sector and written two books on financial services regulation.
“Chris has also held senior posts in banking, insurance and in consulting where he advised major global firms and public sector bodies. Chris is a member of the Foreign & Commonwealth’s Diplomatic Excellence Panel and has advised Treasury on regulatory matters.
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“He is a member of Cass Business School’s Strategy Board and holds a Visiting Professorship from the University of South Wales.
“He is a Fellow of the CIM, a columnist, commentator and speaker on issues of international policy and regulation in financial and related professional services.”
The FCA and Payment Systems Regulator Boards have appointed new members to four decision-making committees: the FCA’s Regulatory Decisions Committee and Competition Decisions Committee and the PSR’s Enforcement Decisions Committee and Competition Decisions Committee.
Andrew Long and David Ashton, two of the longest serving members of the RDC will leave the committee when they have completed their respective terms of office.
John Griffith-Jones, chairman of the FCA and PSR, said: “These committees play an extremely important role and I am delighted we have been able to attract members of such experience and quality. Their expertise will be central to helping both FCA and PSR achieve their respective objectives and raising standards.
“I would also like to thank Andrew and David for the invaluable contribution they have given to the RDC over recent years.”
The other new appointments:
Chair
· Tim Parkes will become Chair of the RDC and EDC in January 2016.
Deputy Chair
· Elizabeth France has been appointed as a Deputy Chair of the RDC and EDC.
· John Hull will become a Deputy Chair of the RDC in January 2016.
Committee Members
· Kevin Brown has been appointed as a member of the RDC and EDC.
· Jonathan Haskel has been appointed as a member of the EDC and the FCA and PSR CDCs.
· Stuart McIntosh has been appointed as a member of the EDC and the FCA and PSR CDCs.
· Professor Robin Mason has been appointed as a member of the EDC and the FCA and PSR CDCs.
· Malcolm Nicholson has been appointed as a member of the EDC and the FCA and PSR CDCs.
· Caroline Ramsay has been appointed as a member of the RDC and EDC.