Scottish Widows’ outgoing technical and industry affairs manager, Johnny Timpson, has been appointed to the Financial Services Consumer Panel (FSCP).
Timpson (pictured) began his three-year term as a member of the independent panel this month (April 1).
The panel is a statutory body that advises the Financial Conduct Authority on the interests and concerns of consumers, and was originally established in 1998.
Timpson, who leaves Scottish Widows next week (April 14), is due to undertake a career as an independent consultant, having worked in the insurance and banking sectors for over 40 years.
For the last three years, he has also held the position of Cabinet Office Disability and Access Ambassador for the insurance sector, as well as the banking sector on an interim basis.
Meanwhile Rebecca Driver, director and founder of research consultancy Analytically Driven, also began her three-year term as a member of the FSCP.
Driver’s previous roles include director of research and chief economist at the Association of British Insurers and research adviser at the Bank of England.
Wanda Goldwag, chair of the FSCP, said: “I am delighted to welcome Johnny and Rebecca to the panel. The ever-increasing number of issues requiring the Panel’s input is challenging and the consumer landscape of other organisations who can comment on FCA consultations is still thinly resourced.
“It is essential that the voice of the consumer is heard loud and clear in every aspect of the FCA’s work and now is a crucial time. I am therefore pleased we have been able to appoint two new members with such a strong background who can help us address these issues. I look forward to working with them both.”
chloe.cheung@ft.com
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