John Tiner, who joins the FSSC Board at its next meeting in July 2008, was appointed as FSA Chief Executive in September 2003. He joined the FSA in April 2001 as Managing Director of Consumer, Investment and Insurance Directorate following a 25-year career at accountancy and management consultancy firm Arthur Andersen.
Explaining his reasons for joining the FSSC Board, John Tiner said: "Financial skills are vital both for workers in the industry and for consumers. The FSA and the skills council established a good working relationship, spanning many aspects of skills: qualifications, training and competence standards and financial capability. I'm delighted to be making a contribution to the industry's skills agenda by joining the FSSC Board."
FSSC Chairman Roy Leighton said: "John has been a champion both of standards for the financial services industry and improved understanding for consumers of all ages. He has a keen understanding of the role that skills has to play at all levels of the financial services industry. We are delighted to welcome such a well-respected figure onto the Board of the skills council."
As FSA chief executive John Tiner was widely credited with bringing a new focus to the regulator, basing it around risk-based and principles-based regulation. He also led the FSA's financial capability programme, designed to make consumers aware of their personal finances. As Managing Director he spearheaded reform of regulation of the insurance industry and handled the implications of testing conditions in the equity market. He left the FSA in July 2007.
