Categories:Investments

Mandy Spink steps down as FSA UK banking head

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Mandy Spink, head of large complex UK banks at the FSA, has decided to leave the regulator.

Money Marketing, Fundweb’s sister publication, understands Spink is stepping down at the FSA to join consultancy Promontory, which focuses on regulatory advice.

Spink has been at the FSA since it was created in 1997, and has 20 years’ experience in financial services regulation.

She was previously head of mortgages and credit unions in the FSA’s small firms division. She also led the retail intermediaries sector team at the FSA, which was responsible for identifying trends and risks in mortgage, general insurance and financial advice firms.

The FSA confirmed Spink’s departure but declined to comment further.

The news comes one week after the regulator announced that conduct business unit director and former director of enforcement Margaret Cole is to leave the regulator after seven years.

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Readers' comments (3)

  • There's never a revolving door around when you need one....

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  • Nimrod from the North thinks that this reminds one of the sinking ship
    Perhaps at last they realise what a mess they have made.
    Get out quick whilst someone thinks they are worth hiring!
    perhaps one becomes synical after 43 yrs being independent and never having the mentality of the salaried class
    What are you doing about it Cameron?
    Just worrying about global warming and equality
    and yet we are at War!
    Wher are the standards.
    cheers

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  • Isn't there a phrase about sinking ships?

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