• About the FSA
  • Who are we
    • Management structure
      • The structure explained
      • Direct reports
      • Operations
      • Retail Markets
      • Wholesale and Institutional Markets
      • Sector Leaders

Adair, Lord Turner

Chairman

Biography

The Chairman has no executive responsibility for the day-to-day running of the FSA.

The key responsibilities of the Chairman are to:

1. establish and develop an effective Board;
   
   
2. lead the Board as a team;
   
   
3. plan and manage the Board's business;
   
   
4. establish priorities for the FSA;
   
   
5. maintain and develop a productive relationship with the FSA Chief Executive, for whose recruitment he is responsible;
   
   
6. with the Chief Executive, lead the communication of FSA policies with a wide range of constituencies;
   
   
7. represent the FSA on particular national and international financial institutions;
   
   
8. establish and maintain high level contacts with the most important financial institutions worldwide;
   
   
9. act as an accountability focus for the FSA, chairing its annual public meeting, giving evidence to select committees, and writing to the Chancellor (if needed) on the most significant issues arising under the formal exchange of letters of December 2001;
   
   
10. represent FSA in the most senior meetings of the Tripartite Standing Committee, alongside the Chancellor of the Exchequer and the Governor of the Bank of England.