Baigrie Davies' Davidson joins FSA board to bring 'balance'

Baigrie Davies director Amanda Davies has joined the FSA board as a non-executive director.

Davidson, who has been a director of IFA Baigrie Davies since 2005 and deputy chair of the AIFA since 2006, will take up her post on 1 May 2010.

Alongside the chairman and chief executive, there are currently two managing directors and 10 non-executive members of the board, which is made up of a majority of non-executives. The FSA says it welcomes Davidson's experience in the realm of independent financial advice.

Adair Turner, chairman of the FSA, says: "Amanda's strong background in independent financial advice and regulation will bring vital extra dimensions and balance to the board's work.

A founding director of Chase De Vere, Davidson also served on the Board of the Personal Investment Authority from 1999 to 2001 and on the Membership and
Disciplinary, and Audit Committees of the PIA.

She was a member of the FSA's Regulatory Decisions Committee from 2001 to 2006 and she is a current member of the FSA's Financial Capability Steering Group.

Davidson also held the directorship of Holden Meehan during the sale of the business to Bradford & Bingley in 2003.

Davidson will be joined on the board by Dame Sandra Dawson.

Chancellor Alistair Darling says: "I am very pleased to announce the appointment of these new members to the FSA Board. Their skills, knowledge and background will make a valuable contribution to the work of the FSA."