Commenting on the announcement that Hector Sants is to leave the FSA, Sir Mervyn King, Governor of the Bank of England said, “I am sad that Hector Sants has decided to stand down. I am very grateful to him for staying on for longer than he had planned."
Published on
16 March 2012
The Bank will work closely with HM Treasury in searching for the first Chief Executive of the Prudential Regulation Authority (PRA) who will also be the Deputy Governor with responsibility for Prudential Regulation. That appointment will be made by the Chancellor. The person appointed will take up the position when the PRA comes into existence in 2013.
We use necessary cookies to make our site work (for example, to manage your session). We’d also like to use some non-essential cookies (including third-party cookies) to help us improve the site. By clicking ‘Accept recommended settings’ on this banner, you accept our use of optional cookies.
Necessary cookies
Analytics cookies
Yes
Yes
Yes
No
Necessary cookies
Necessary cookies enable core functionality on our website such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions.
Analytics cookies
We use analytics cookies so we can keep track of the number of visitors to various parts of the site and understand how our website is used. For more information on how these cookies work please see our Cookie policy.
Press release