Stuart Bernau appointed Chairman of Financial Services Skills Council

23 February 2006

Stuart Bernau, Commercial and Communications Director of Nationwide Building Society, has been appointed Chairman of the Financial Services Skills Council (FSSC). Stuart succeeds Legal & General’s Sir David Prosser, who retired earlier this year.

The Financial Services Skills Council board includes senior figures from all parts of the industry, as well as representatives from trade unions and H.M. Treasury. The FSSC works in partnership with employers to provide strategic leadership for training and education across the financial services industry.

Stuart brings to the role an immense depth and breadth of experience in the financial services industry as well as first hand knowledge of the work of the FSSC, having served on its board since the organisation was established in 2004 as well as on the board of its predecessor, the Financial Services National Training Organisation (FSNTO).

Commenting on his appointment, Stuart said: “As a knowledge-based business, financial services is absolutely dependent on the skills of its workforce to achieve success and I see my role as helping to push skills issues to the very top of the industry’s agenda.”

Teresa Sayers, Chief Executive of the FSSC, added: “Stuart has already made a significant contribution to the work of the Skills Council and I look forward to working closely with him to further our remit of building world leading skills throughout the industry.“

Stuart began his career with a 17 year stint at NatWest, eventually specialising in corporate finance. He joined Nationwide in 1990 as Assistant General Manager (Commercial Lending) and subsequently managed Mortgage & Insurance and the society’s retail network. He was appointed to the Nationwide board in 1996 and served as Retail Operations Director and Marketing & Commercial Director before taking up his current appointment. Stuart is a Member of the Association of Corporate Treasurers and a Fellow of the Chartered Institute of Bankers.

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