John Tiner was previously Chief Executive of the FSA, a position he held between September 2003 and July 2007 when he retired from the role. He had initially joined the FSA in June 2001 as Managing Director of consumer, insurance and investment business.
At the FSA, he was widely credited with modernising the regulation of the UK insurance industry and bringing a new risk-based and principles-based focus to regulation. He was also a member of the Committee of European Insurance and Occupational Pensions Regulators which steered the development of Solvency II. Before joining the FSA, Mr Tiner was a Managing Partner at Andersen responsible for its worldwide financial services practice. He joined Andersen in 1976, working mainly with banking and capital market clients. He led the Andersen team appointed by the Bank of England to investigate the collapse of Barings Bank and draw out the lessons to be learned. Mr Tiner is also a non-executive director of the Credit Suisse Group and a non-executive director of Lucida plc.