Fairer Finance has appointed Chris Pond (pictured) as the latest chair of its consumer advisory board (CAB).
Pond brings a wealth of expertise to the independent consumer group, and is currently serving as chair of the Financial Inclusion Commission and Trustmark.
He was formerly chair of the Lending Standards Board, The Money Charity, and the Equity Release Council Standards Board.
Pond was also a member of the senior leadership team of the Financial Services Authority for four years, serving as director of financial capability, senior adviser, and head of consumer affairs, leading the development of the Financial Capability Division, and the establishment of the independent Money Advice Service.
Sue Lewis has served as chair for the past two years and will remain on the board until her term ends in 2025.
Laurie Edmans is also leaving the board after serving six years.
Walter Merricks OBE, Caroline Barr, and Helene Brichet remain as board members.
James Daley, managing director of Fairer Finance, said: “We are delighted to welcome Chris as Chair of our consumer advisory board.
The board plays a crucial role in protecting Fairer Finance’s independence by ensuring that we manage our conflicts of interests in a transparent and professional manner.
“Chris has a wealth of relevant experience – both as a regulator and consumer advocate – which make him a perfect candidate for this role. We’re incredibly lucky to have him on board.
“I’d like to thank Laurie Edmans who is standing down after six years on our advisory board. Laurie’s been a valued supporter and colleague, and we’ll miss him enormously.”
Pond added: “As Fairer Finance celebrates its 10-year milestone, I look forward to working with the team to continue to advocate for transparency, higher standards, and a more inclusive financial services market for all consumers.”
