Hector Sants, chief executive of the Financial Services Authority (FSA), has quit the UK supervisory body and will relinquish his role on June 29 this year.
Sants, who joined the FSA in 2004 as head of its wholesale and institutional markets unit rising to chief executive in 2007, had initially planned to leave the supervisor in 2010. But he was convinced by incoming UK chancellor, George Osborne, to stay on at the FSA to help manage the transition of the country's financial regulatory framework
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