GISC appointment

This is the second new Board appointment this year, highlighting the fact that GISC remains a fully operating regulator, in accordance with the requests from HM Treasury and the Financial Services Authority.

In announcing the new Board member, Anthony Howland Jackson said: "It has always been considered appropriate that the majority of GISC's Board should be insurance practitioners. I believe the experience of industry professionals is essential when directing the operations of any regulatory body, and this is of continued importance as GISC maintains its regulatory functions until January 2005. I am therefore delighted to welcome Stephen Godbold to the Board. I am confident he will add great value to our discussions and decision-making."