FSA brings its HR and comms staff into one division

The Financial Services Authority (FSA) has unified its communications and human resources departments as the City regulator examines how it can raise awareness of the UK’s financial services sector.

The new people and communications department combines the authority’s 55 human resources staff and 25 press office, web, public affairs and internal communications staff into a single body, headed by former director of HR Vernon Everitt.

Everitt is now director of people and communications. He declined to explain the move in detail, but claimed it would make the regulator more effective.

An FSA spokeswoman added that details of the department’s comms strategy would only be released once new chairman Callum McCarthy and chief executive John Tiner had outlined their plans for the regulator.

Last weekend, Tiner said he would be chairing the FSA’s new financial capability steering group, which will draw up a plan for achieving the FSA’s statutory objective of promoting public understanding of the financial system.

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