Sir Howard Davies

Sir Howard Davies was the first head of the main financial watchdog, the Financial Services Authority (FSA), which was established by Chancellor Gordon Brown. It took over roles previously held by a number of self regulating bodies as well as the Bank of England's supervisory role in banking. Sir Howard held the roles of chairman and chief executive - they were split on his departure to become director of the London School of Economics.

He was previously deputy governor of the Bank of England between mid 1995 and mid 1997. Prior to that he was Director General of the Confederation of British Industry and before that chief executive of the Audit Commission.

Last Updated: June 2006 © Moneyextra.com

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