FSA appoints directors

Senior management appointments

Thomas Huertas, currently Managing Director, Citigroup Global Transaction Services, joins as Director of Wholesale Firms Division. Reporting to Hector Sants, Managing Director of Wholesale & Institutional Markets, he will be responsible for the supervision of firms operating in the wholesale insurance, banking, investment banking and fund management sectors.

Graeme Ashley-Fenn, currently Programme Director (from May 2004, formerly Operations Director) for Pitney Bowes Inc (Europe, Africa & Middle East), joins as Director of Contact, Revenue and Information Management. Reporting to David Kenmir, Managing Director of Regulatory Services, he will be responsible for managing the FSA's contact centres for firms and consumers, collecting fee revenue from the industry and receiving and processing firms' statistical and other returns.

Thomas Huertas takes up his appointment in November and Graeme Ashley-Fenn takes up his appointment in October.

John Tiner, the FSA's Chief Executive, said:

"I am delighted to welcome Thomas and Graeme to the FSA. We will benefit hugely from the vast experience Thomas brings as a senior financial executive in the US and Europe and from Graeme's deep background in operations, financial services and improving customer service."