Financial Conduct Authority appoints Stewart Todd as head of news and media

The newly created Financial Conduct Authority (FCA) has appointed a head of news and media as it seeks to show it is 'making a difference'.

FCA: Formed to regulate financial services
FCA: Formed to regulate financial services

Stewart Todd is joining next month following three years at the Department for Work and Pensions (DWP), where he was head of news.

The FCA was formed last month following the abolition of the Financial Services Authority, as one part of a new system of financial services regulation following the banking crisis.

Todd, who will be reporting to director of comms Zitah McMillan, said: ‘This is a great opportunity to get involved with an organisation at the beginning of its creation.

‘It’s been a great few years at the DWP and I have been working on things very relevant to my new job. The main focus will be on how we let consumers know we are here to help them, and show we are making a difference.’

His move follows 15 years in government roles, including a stint in the Cabinet Office and time working for Labour MP John Prescott when he was deputy prime minister.

The FCA was created as part of a new financial regulatory set-up that also includes the Bank of England's Financial Policy Committee and the Prudential Regulation Authority.

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Latest Articles

Growing number of clients plan PR budget increases

Growing number of clients plan PR budget increases

The number of marketers planning to increase their PR budgets during 2014 has climbed, according to the latest quarterly Bellwether survey by the Institute of Practitioners in Advertising.

Max Clifford trial jury to continue deliberations tomorrow

Max Clifford trial jury to continue deliberations tomorrow

The jury in the trial of celebrity publicist Max Clifford has been sent home after a second day of deliberations about its verdicts on 11 charges of indecent assault.

Champagne producer Charles Heidsieck appoints Story PR