Accounting StandardsPeople Moves

New chairs appointed to FCA panels

In their new roles, Charlton and Mielczarek will advise and challenge the FCA as it develops policy and its regulatory approach

The Financial Conduct Authority (FCA) has appointed Helen Charlton as the new chair of the Financial Services Consumer Panel, and Andy Mielczarek as the new chair of the FCA Smaller Business Practitioner Panel.

Both Charlton and Mielczarek succeed Wanda Goldwag and Marlene Shiels respectively, and took up their roles last week (1 June) for a three-year term.

In their new roles, Charlton and Mielczarek will advise and challenge the FCA as it develops policy and its regulatory approach.

Charlton currently holds three roles: chair of the British Gas Energy Trust, NED on the board of the Retail Energy Code Company, and a commitment with The Henry Smith Charity which provides grants to reduce social and economic disadvantage.

She has also served as a member of the Customer Challenge Group for Thames Water and a consumer advocate at the Consumer Council for Water.

Meanwhile, Mielczarek is the founder and CEO of Chetwood Financial, a UK digital bank focussed on consumer lending and retail savings. 

Prior to starting Chetwood, Mielczarek worked for HSBC for a number of years in various roles across Product and Proposition, latterly as head of Distribution for HSBC UK. Prior to HSBC, he was chief financial officer of Marks and Spencer Bank.

The Consumer and Smaller Business Practitioner Panels are independent, statutory panels representing the interests of consumers and those who work in small or medium-sized financial services companies.

Charles Randell, FCA chair, said: “Wanda and Marlene have made a significant contribution as the FCA responded at speed to the pandemic, helped markets navigate the UK’s departure from the EU and as we transformed as an organisation. I am incredibly grateful for their advice. I welcome Helen and Andy into their new roles.”

Charlton added: “Within the financial services sector, there are important developments such as the FCA’s new consumer duty and the challenges and opportunities posed by new technologies. I am pleased to have the opportunity to serve as chair of the Financial Services Consumer Panel, and at such a critical juncture.”

Mielczarek said: “I am delighted to take on the role as chair of the FCA Smaller Business Practitioner Panel. The vast majority of FCA regulated firms are smaller businesses, and the panel plays a vital role in connecting those firms with the FCA to maintain a constructive dialogue with our regulator and make sure that regulation is fair and effective.”

Show More
Back to top button