People: UK regulators appoint new complaints commissioner
Central banks in Madagascar and Barbados get new board members
UK: Amerdeep Somal has been appointed complaints commissioner for the Bank of England, the Financial Conduct Authority and the Prudential Regulatory Authority.
Somal will replace Antony Townsend in the role on November 1, for an initial term of three years. Townsend was appointed in 2014 and was re-appointed in 2017.
The commissioner oversees the final stage of investigations into complaints against the FCA, PRA and the BoE. The role is independent from the three organisations.
“I will ensure
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