FCA names new Chair of the Financial Services Consumer Panel

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The UK’s Financial Conduct Authority (FCA) has today named Wanda Goldwag as the new Chairperson of the autonomous Financial Services Consumer Panel for an initial 3-year term starting on 1 March 2019; her nomination was approved by Her Majesty’s Treasury.

Wanda Goldwag

Wanda Goldwag

In her new role, Wanda Goldwag will provide strategic direction to the FCA by communicating the Panel’s views as its leader and its public face. She will also be responsible for leading the evolution of the Panel’s mission while also ensuring that its goals are met and exceed. Wanda has replaced Sue Lewis who chaired the panel for five years six months.

The FCA Chair, Charles Randell, said:

The Consumer Panel plays a vital role in ensuring that the FCA hears the voice of consumers. I am sure that Wanda will continue the important work of the Panel and I look forward to working with her in her new role. I would like to thank Sue for her contribution to the work of the Panel and also Mark Chidley, who stood in as interim Chair for two months.

The incoming Chair of the Financial Services Consumer Panel, Wanda Goldwag commented:

The Panel plays a significant part in ensuring the FCA meets its objectives – and particularly to secure an appropriate degree of protection for consumers – and I’m looking forward to meeting regularly with the Chair and Chief Executive of the FCA to promote consumer interests. Sue Lewis was a very strong consumer champion and will be a hard act to follow but I am excited about the challenge of exerting influence on the future shape of financial conduct regulation in the UK.

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