HISTORIC PRESS RELEASE : The Miles review of the UK mortgage market: final report published [March 2004]

The press release issued by HM Treasury on 15 March 2004.

Ruth Kelly, Financial Secretary to the Treasury, today announced that Clive Briault, Hector Sants and David Kenmir, the FSA’s three new Managing Directors are to be appointed Directors of the FSA Board.  Clive Briault and David Kenmir will be appointed from 1 April and Hector Sants from 4 May 2004

Commenting on the appointments, Ruth Kelly said:

“I welcome the appointments of Clive Briault, Hector Sants and David Kenmir as Managing Directors and am pleased to appoint them to the FSA Board in that capacity. Their knowledge of retail and wholesale markets and of regulatory services will prove invaluable to the FSA in implementing the new management structure.”