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OUR BOARD

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Our Board

Our Board is led by Chair Dame Susan Rice and Deputy Chairman Sir Brendan Barber, both of whom have been on the Board since 2015. The Board comprises individuals from across a broad range of civil society, as well as from within the financial services sector, all committed to the raising of standards of organisational culture across the sector. Our Board members bring to the FSCB a diverse mix of skills, expertise and experience that forms the bedrock for our values of impartiality and objectivity in all our work.

Seats on our board periodically become available. If you would like to have a conversation about the FSCB board, please get in touch at info@fscb.org.uk

Meet and find out more about our Board members:

Dame Susan Rice

Chair

Dame Susan Rice

Dame Susan Rice is Chair of the Financial Services Culture Board (appointed on 1 January 2020 as the Chair of the Banking Standards Board). Dame Susan is also Chair of Scottish Water, of Business Stream and of the North American Income Trust. In summer 2022, she stepped down as Chair of the Scottish Fiscal Commission and as Senior Independent Director of J Sainsbury. She was a member of the First Minister’s Council of Economic Advisors, Managing Director of Lloyds Banking Group Scotland and before that was Chief Executive and then Chair of Lloyds TSB Scotland plc.

Susan has held a range of senior non-executive appointments including a seven year term on the Court of the Bank of England, eleven years on the Board of energy company SSE and was founding chair of the Chartered Banker: Professional Standards Board. She has helped develop approaches to social finance in the US and the UK and was also a founding non-executive Director of both Charity Bank and Big Society Capital.

She chairs the Global Steering Group of GEFI, the Global Ethical Finance Initiative, and is a member of the Advisory Group for PCAN, the UK’s Place-Based Climate Action Network. Previously, she was Senior Vice President at NatWest Bancorp and, earlier in her career, a Dean at Yale and Colgate Universities and a published medical researcher.

Susan was made a Dame in the 2018 New Year’s Honours list for services to business, the arts and charity in Scotland.

Sir Brendan Barber

Deputy Chair

Sir Brendan Barber

Sir Brendan Barber is Deputy Chair of the Financial Services Culture Board (appointed on 1 March 2016 as the Deputy Chair of the BSB).

Brendan was Chair of the Advisory, Conciliation and Arbitration Service (Acas) from January 2014 until July 2020. Prior to this he was the General Secretary of the TUC from 2003 to 2012 having first joined the TUC in 1975. He is a member the Council of City University London which he graduated from with a BSc in Social Sciences in 1974. He is also a member of the Board of the Mountview Academy of Theatre Arts. In 2017 he was also appointed to the board of Openreach.

During his time at the TUC he sat on the Acas Council from 1995 to 2004, the Board of Sport England from 1999 to 2003 and the Court of Directors of the Bank of England from 2003 to 2012.

He is a Visiting Fellow at the Said Business School, Oxford University, and a Visiting Fellow at Nuffield College, Oxford. In 2007 he received an Honorary Doctorate from the City University. Sir Brendan was knighted in the 2013 Birthday Honours for services to employment relations.

Sir Brendan Chaired the FSCB’s Professionalism Forum, from 2017-2018, and currently Chairs our Member Forum.

Chris Grant

Non-practitioner Member

Chris Grant OBE

Since 2016, Chris has been an Independent Board Member of Sport England, where he has been the driving force behind the newly established Talent Inclusion Advisory Group, which aims for national teams across all sports to reflect the broader population in terms of socio-economic background; ethnicity and other factors. He has been closely involved in the introduction of the Code for Sports Governance and sits on the Investment Committee.

For the last four years, he has chaired the judging of the Sport Industry Awards. In September 2018, Chris stepped down after almost five years as CEO of Sported, the UK-wide charity and membership organisation founded by Sir Keith Mills, providing capacity-building support and advocacy on behalf of more than 2500 local groups using sport and activity for social outcomes. This was an interlude in what has mainly been a portfolio career, with a particular focus on organisational culture, change and learning. He chaired the Board of the UK Chip & PIN Programme; delivered learning and change programmes across media, retail and other sectors; facilitated strategic planning processes for numerous Boards, and moderated events ranging from the World Cities Forum to the NHS Medical Directors’ Conference.

Chris has a longstanding interest in, and commitment to, challenging sexism, racism and other forms of discrimination. He served as a member of the Commission on the Future of Women’s Sport, chaired by Baroness Tanni Grey-Thompson, and has spoken at International Women’s Day gatherings and other events.

In 2019, Chris was appointed Independent Chair of Professional Football’s Integrated Coaching Strategy, a partnership between the FA, Premier League, EFL, League Managers Association and Professional Footballers Association, developing a world-leading system for Coach and Manager education and development in the men’s and women’s professional game.

In June 2020, Chris’s book “Better Decisions” was published by Quarto. In 2021 he was awarded an OBE in the Queen’s Birthday Honours for services to sport.

Jane Hanson

Practitioner member

Jane Hanson

Jane joined Nationwide Building Society in January 2018 and in September 2019 was appointed as Chief People Officer, leading the people and culture experience across all colleagues.

Prior to Nationwide, Jane was Chief People Officer for Yorkshire Building Society and it was here that Jane developed her understanding of mutual organisations and the different cultural response which emerges from the fundamentals of organisation design. Jane also spent 13 years at HSBC Group, where she was HR Director for First Direct and also spent time in business leadership roles such as Customer Experience and Branch Network leadership.

On joining the BSB Jane said ‘I am delighted to continue the contribution Nationwide Building Society has made to BSB in being a founding member, in addition to bringing my passion on deeply understanding industry and organisation culture in effecting positive change for the benefit of colleagues’ working experience as well as customer and member outcomes’.

Paul Johnson

Non-practitioner member

Paul Johnson

Paul Johnson has been the Director of the Institute for Fiscal Studies since January 2011. He is a visiting professor at UCL.

He is author of major books on pensions, tax and inequality, and is one of the authors of the “Mirrlees review” of tax system design.

Paul has previously worked at the FSA, has been Chief Economist at the Department for Education and Director of Public Spending in HM Treasury, as well as Deputy Head of the UK Government Economic Service.

Paul is currently a member of the Council and Executive Committee of the Royal Economic Society and is a member of the Climate Change Committee. He has completed independent reviews of auto-enrolment policy for the DWP and of consumer price inflation statistics for the UK Statistics Authority.

He has previously served on the Economic and Social Research Council and the actuarial council of the FRC. He was a founder council member of the Pensions Policy Institute.

Paul was awarded a CBE in the 2018 Queen’s Birthday Honours list for services to social sciences and economics.

Loretta Minghella, OBE

Non-practioner member

Loretta Minghella, OBE

Loretta initially trained in the law and turned to financial regulation in 1990, becoming the first Head of Enforcement, Law, Policy and International Cooperation for the FSA and chairing the International Organisation of Securities Commissions’ Standing Committee on Enforcement and Information-Sharing. Loretta became Chief Executive of the FSCS in 2004, overseeing the payment of compensation to consumers during the 2008 financial crisis. She then moved on to become the Chief Executive of Christian Aid in 2010, and then First Church Estates Commissioner in November 2017, a role she stood down from when in October 2017, she became the Master of Clare College, Cambridge.

Saker Nusseibeh

Practitioner member

Saker Nusseibeh

Saker Nusseibeh CBE is Chief Executive of Federated Hermes, Chair of its Executive Committee and an Executive Board Director. Saker was appointed CEO in May 2012, having been acting CEO since November 2011. Saker joined the firm in June 2009 as Head of Investment and as an Executive Board Director. He is responsible for leading the firm’s growth strategy and ensuring that Hermes continues to deliver excellent long-term investment performance, responsibly.

Prior to joining Hermes, Saker was Global Head of Equities at Fortis Investments USA, having initially been appointed to the firm as CIO Global Equities in 2005. Before this he was CIO Global Equities and Head of Marketing for SGAM UK. This role followed SGAM’s acquisition of Trust Company of the West (TCW), where Saker was Managing Director, running global and international strategies, as well as managing TCW’s London office.

He started his career at Mercury Asset Management in 1987. Saker is a regular public speaker, writer and commentator, appearing at leading industry conferences, on television and radio. He is a founder member of the 300 Club, which he chaired from its inception in 2011 until early 2014.

Saker is a member of the CFA Institute’s Future of Finance Advisory Council, a member of the IIRC Council, and was a public member of Network Rail for three years until November 2014. He sits on the advisory board of Mosaic, the charity that seeks to improve the chances of young people and bring communities together. Saker has a BA and PhD in Medieval History from Kings College, University of London.

Janet Pope

Practitioner member

Janet Pope

Janet joined Lloyds Banking Group in 2008 to run the Savings business. In 2012 Janet Pope was appointed Chief of Staff and Group Director, Corporate Affairs in 2017.

Prior to joining Lloyds Banking Group Janet was Chief Executive, Alliance Trust Savings with responsibility for Banking, Pensions and Investments at the subsidiary of Alliance Trust plc. Janet was Executive Vice President, Global Strategy at Visa International before joining Alliance Trust.

Janet spent 10 years at Standard Chartered Bank where she held a variety of roles including Head of Retail Banking for Africa with responsibility for 17 countries and non-executive directorships at Standard Chartered Bank Zimbabwe, Kenya, Zambia and Botswana.

Janet is Chair of the Charities Aid Foundation Bank and is Chair of Governors at Camden School for Girls. She is also Lloyds Banking Group’s Executive Sponsor for Inclusion and Diversity.

Janet studied at the London School of Economics. She has a Master’s degree in Economics and holds an MBA from Cass Business School.

On joining the Board, Janet said ‘I am delighted to have the opportunity to join the BSB Board of Directors. I am excited to be able to contribute to the important work led by the board to restore public trust in the financial sector’.

The RT Revd David Urquhart KCMG, Hon DD

Non-practitioner member

The RT Revd David Urquhart

Bishop David served as Anglican Bishop of Birmingham from 2006-2022, with an equal focus on the church and the wider world. He is now based in the parish of St Mary at Hill in the City of London.

After 10 years of commercial management with BP and theological study at Oxford, he was a parish priest in Hull and Coventry and Bishop of Birkenhead.

He is actively involved with social cohesion, economic justice, and education. He co-ordinated Birmingham’s Social Inclusion Process 2010–2015, chaired the University of Birmingham’s Wealth Distribution Commission in 2013 and was Vice-Chair of the Birmingham Hippodrome Theatre Board 2010-2019.

Bishop David has a significant interest in global politics and international relations. Chair of the Church Mission Society from 1993 to 2008, he maintains close links with DR Congo, Uganda and Malawi. He is currently Chair of the global Mining Faiths Reflection Initiative and the Archbishop of Canterbury’s Envoy to China.

Sir Alan Wilson FBA, FRS

Non-practitioner member

Sir Alan Wilson FBA, FRS

Sir Alan Wilson is Director, Special Projects of The Alan Turing Institutes, with responsibility for leading specific research projects and partnership projects. He was CEO of the Institute between 2018-2018. From 2018-2021 he has directed the Turing-UKRI Programme, AI for science and government, and continues to work on other research programmes. He is also Director of Research at The Institute of Finance and Technology, and Honorary Professor of Urban and Regional Systems in the Centre for Advanced Spatial Analysis, both at University College London. In his research, as a mathematician and geographer, he works on the science of cities, building computer models that have applications in both planning and commercial sectors. He was Vice-Chancellor of the University of Leeds from 1991 to 2004 when he became Director-General for Higher Education in the then DfES. From 2007-2013 he was Chair of the Arts and Humanities Research Council and from 2013-2015, of the Lead Expert Group for the Government Office for Science Foresight Project on The Future of Cities. From 2012-2017 he Chaired the Home Office Science Advisory Council. He is a Fellow of both the British Academy and the Royal Society. He was knighted in 2001 for services to higher education.

Alison Cottrell

CEO / Non-practitioner member

Alison Cottrell

Alison Cottrell is CEO of the Financial Services Culture Board and took up her role in April 2015 when the organisation was launched. Alison began her career in the City of London as an economist covering international fixed income and currency markets. She joined HM Treasury in 2001, becoming Director of Financial Services in 2009 with responsibility for a wide range of policy areas including bank lending, payments, competition and pensions guidance. She combined this role for the three years to 2014 with that of Director of Corporate Services, focusing in particular on staff development, engagement and culture.

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