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FSA names panel to review executives

Five top UK business figures have been appointed by the FSA watchdog to vet directors and other top appointees at UK banks and insurance companies. The FSA said on Thursday that the advisers would help assess people applying for key positions at regulated financial groups. The five are Sir Dominic Cadbury, former CEO and then chairman of Cadbury Schweppes; Baroness Hogg, non-executive chairman of 3i; Lord Marshall, former CEO and then chairman of British Airways; Sir Brian Pitman, former CEO and chairman of Lloyds TSB; and Sir David Scholey, former chairman and CEO of SG Warburg.

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