UK’s Lending Standards Board Announces Appointments of Key Non-Executive Directors

The Lending Standards Board (LSB) has added a wealth of policy and governance expertise to its Board with the Non-Executive Director appointments of broadcaster Iain Dale, economic authority Paul Johnson CBE and charity sector leader Caron Bradshaw OBE.

Iain, Paul and Caron replaced Liz Barclay and Graham Peacop, who “have stepped down as LSB Non-Executive Directors at the end of their terms, on 1 April.”

The LSB’s Standards and industry codes “cover 90% of UK personal lending and £120bn of lending to SMEs.”

The watchdog also provides the only sector-wide framework of protections “for customers against authorized push payment fraud.”

Ken Scott, Chair of the LSB, comments:

“We’re excited to welcome three outstanding individuals to the LSB’s Board. Their expertise in finance, consumer rights, policy, and governance will be instrumental as we continue to drive financial institutions to deliver better customer outcomes across the board. Our innovative Standards and agile approach to independent regulation enable us to address emerging customer harms and drive better outcomes. We’re committed to expanding our efforts and ensuring regulation keeps pace with the UK’s innovative financial services sector. This will allow even more customers to benefit from the protections our Standards provide.”

As a political commentator and author, Iain Dale has “presented primetime shows on LBC Radio since 2010, and hosts a series of popular podcasts including For the Many, a political show co-hosted by former Home Secretary Jacqui Smith. He is a contributor across the media with regular appearances in the Daily Telegraph, Evening Standard, BBC Newsnight, and on Good Morning Britain.”

Paul Johnson CBE serves “as director of the Institute for Fiscal Studies (IFS), the UK’s leading economic research institute.”

He writes a fortnightly column for the Times and “is a visiting professor in the UCL Policy Lab. For ten years, Paul was a member of the UK Climate Change Committee and has also served on the council of the Royal Economic Society.”

Caron Bradshaw OBE has led Charity Finance Group (CFG) “as Chief Executive Officer since 2010, having previously worked as Head of the Charity and Voluntary Sector at the Institute of Chartered Accountants in England and Wales (ICAEW). A trained Barrister, Caron has a wide array of experience across charity policy and professional ethics.”

Iain Dale says:

“I am delighted to join the LSB as a Non-Executive Director. Just like in media and politics, accountability is key in financial services too. I hear first-hand from my listeners the challenges they can encounter when navigating the financial landscape, and I’m looking forward to sharing these experiences with the LSB. The goal is a financial landscape that consumers, SMEs and financial service providers can navigate with confidence, anchored in trust. Together, we can work to ensure that ethical lending and consumer protection become the norm in financial services.”

Paul Johnson CBE says:

“My work with the IFS has always been centred around upholding the highest possible standards of transparency, quality, and rigour in economics and social policy. It is a pleasure to be joining the LSB and be a part of shaping responsible financial standards – as well as flying the flag for building a financial landscape rooted in integrity.”

Caron Bradshaw OBE says:

“I am thrilled to be joining the LSB’s Board. My work with CFG champions best practice to create a trustworthy charity sector – values that resonate deeply with the LSB’s commitment to setting high standards in financial services. I look forward to collaborating with the team to ensure fair and responsible lending, fostering trust and accountability throughout the entire financial ecosystem.”

Iain, Paul and Caron join five other financial services experts “on the LSB Board, including entrepreneur and LSB chair Ken Scott, fintech investor and advisor Mark Thompson, former head of the Financial Services Compensation Scheme Mark Neale, tech leader Debbie Forster MBE, and LSB chief executive Emma Lovell.”


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