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Northern Rock: Public Appointments

Volume 475: debated on Thursday 8 May 2008

To ask the Chancellor of the Exchequer what process resulted in the appointment of (a) Ron Sandler as Executive Chair and (b) Ann Godbehere as Chief Financial Officer of Northern Rock. (188858)

Mr. Sandier and Ms Godbehere were appointed through a process that was in line with common industry practice of recruiting senior managers.

The Financial Services Authority has confirmed that both of them are suitable persons to direct the business.