John Spence Named Non-executive Director of Money Advice Service

Jack Humphrey, Regulatory journalist
December 15, 2011 /

The Financial Services Authority (FSA) has appointed John Spence as a non-executive director to Board of the Money Advice Service with effect from 2 January 2012.

Mr. Spencer has experience from the banking sector. He is currently Finance Chair for Business in the Community and holds current non-executive directorships at Capital for Enterprise, as Chair of the Audit Committee, HM Revenue & Customs, Chair of Harlow Renaissance Limited and Spicer Haart Limited.

Previously he was the chairperson for the British Bankers Association Retail Banking Committee, and has held a variety of executive positions at Lloyds TSB.

Lord Turner, the FSA’s chairman, said: “We are pleased that John has been appointed to the Money Advice Service Board as non-executive director. He brings with him extensive experience from the banking sector which will greatly benefit the Service.”

Gerard Lemos, chairman of the Money Advice Service added: “I am delighted to welcome John Spence to the Money Advice Service board. John brings an invaluable blend of senior banking experience, together with finance and audit knowledge, which will be instrumental for our development of the Service and engagement with our stakeholders. I very much look forward to working with John in the busy year ahead, and beyond.”


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