City regulator loses its corporate affairs head

Betty Powell, the Securities and Investment Board’s head of corporate affairs has quit after 11 years with the regulator.

Betty Powell, the Securities and Investment Board’s head of

corporate affairs has quit after 11 years with the regulator.



Powell joined SIB in 1986 shortly before it became an official body and

has worked with three chairmen - Sir Kenneth Berrill, Sir David Walker

and Sir Andrew Large. Prior to that she held press relations posts at

the Department of Trade and Industry and the then Department of Health

and Social Security.



At SIB she heads a team of four press officers and a publications

department which produces investor advice literature and SIB’s rule

book. Reporting both to the chief executive Andrew Winkler and deputy

chief executive Michael Blair, Powell was also responsible for providing

PR advice to the chairman.



Although Powell has resigned her full-time position, she will continue

to work for SIB as a part-time consultant until after the General

Election and the appointment of a new chairman. The board is currently

looking for a permanent replacement.



Sir Andrew Large’s five year term is due to end in May and the

Chancellor of the Exchequer and Bank of England governor will then

appoint a successor.



IMRO chief executive Phillip Thorpe is hot favourite for the job

followed by PIA chief Colette Bowe, Richard Farrant of the SFA and

Winkler at SIB.



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