New members appointed to CFEB

The organisation responsible for helping consumers understand financial matters and manage their finances better has appointed: Jonathan Douglas; Laurie Edmans CBE; Richard Hughes; Stephen Locke; and Joanne Shaw. They join Louise Macdonald who remains on the CFEB Board for another year.

This brings the total number of members to eight, including chairman Gerard Lemos and chief executive Tony Hobman.

The Board's first meeting will be held in January 2011.

Commenting on the appointments, Gerard Lemos, chairman of CFEB said: "I am delighted to welcome this unique team to the CFEB Board. Their varied backgrounds and experience will be invaluable for our success. Creating CFEB's long-term strategy is a key output for this year and I look forward to working with the new team to launch it in Spring 2011."