Adair Turner has been appointed Chairman of the Financial Services Authority. He will replace Sir Callum McCarthy in September 2008.
The Financial Services Authority supervises the financial services industry in the UK.
Adair Turner was formerly a management consultant at McKinsey, and Director-General of the CBI (Confederation of British Industry). He has also been Chairman of the Low Pay Commission and the Pensions Commission, and currently chairs the UK Government's Climate Change Commission.