Following tday's announcement that John Tiner is to step down as FSA chief executive, Economic Secretary to the Treasury, Ed Balls said...
Follwoing today's announcement that John Tiner is to step down as chief executive of the FSA, in July 2007, Economic Secretary to the Treasury, Ed Balls said: "John has been an excellent chief executive during a time of considerable change at the Financial Services Authority. He has helped to build an organisation that is now regarded as a model for the rest of the world.
"John has driven forward the FSA's globally renowned principles and risk based regulatory approach, and his personal commitment to improving financial capability will continue to be invaluable over the next few months and will pay dividends well beyond the financial services industry.
"I am confident that his successor will benefit from the foundations he has laid for a continuing strong relationship between the Treasury, our financial services industry, and the FSA."
