Chancellor appoints David Soanes and Niamh Moloney as members of the Prudential Regulation Committee
The Chancellor of the Exchequer, Jeremy Hunt, has appointed David Soanes and Niamh Moloney as members of the Prudential Regulation Committee (PRC).
The PRC is an independent body of the Bank of England that is responsible for the prudential regulation and supervision of banks, building societies, credit unions, insurance companies and investment firms in the United Kingdom.
David Soanes has over 30 years of experience in the financial services industry. He is currently a non-executive director of HSBC Bank plc and a member of the Board of the British Bankers’ Association. He was previously a member of the PRC from 2013 to 2017.
Niamh Moloney has over 20 years of experience in the financial services industry. She is currently a non-executive director of AIB Group plc and a member of the Board of the Irish Banking Federation. She was previously a member of the Central Bank of Ireland’s Commission on Banking.
The Chancellor said:
“I am delighted to appoint David Soanes and Niamh Moloney to the Prudential Regulation Committee. They are both highly experienced and respected figures in the financial services industry. I am confident that they will make a valuable contribution to the work of the PRC.”
The appointments of David Soanes and Niamh Moloney will take effect from 1 March 2023.
Chancellor appoints David Soanes and Niamh Moloney as members of the Prudential Regulation Committee
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