Appointment at

Suzanne McCarthy, chief executive of the UK's Financial ServicesCompensation Scheme, has been elected to the chair of the newlyestablished European Forum of Deposit Insurers (EFDI).

The EFDI, a voluntary body set up to promote the exchange of ideas andexperiences on deposit protection in Europe, was established at a meetingheld in Vienna last month. It aims to contribute to the stability offinancial systems by promoting European co-operation in the field ofdeposit insurance.

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