Hector Sants resigns as FSA chief

FSA chief executive Hector Sants

He has held the role for five years.

Mr Sants originally announced his intention to resign in February 2010, but was persuaded to stay on to assist with upcoming changes to the regulator, and the forming of two new organisations, the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA).

Mr Sants said: “When I agreed to stay on as CEO in 2010, I committed to stay and deliver an orderly transition to the government’s new regulatory structure. The project is now firmly on

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