Consumer expert Richard Lloyd has been appointed as a non-executive director on the Board of the Financial Conduct Authority.

Richard has done senior jobs in numerous consumer organisations, including Which?, where he was executive director. He is a founding trustee of the Money and Mental Health Policy Institute and is the chairman of Resolver, the consumer complaint resolution organisation. His three-year term will begin on April Fool's Day.

Baroness Sarah Hogg has also been re-appointed as a non-executive director for a second three-year term, starting on 1 April. She is an experienced director of listed companies including 3i, Carnival and GKN, and public bodies including the British Broadcasting Corporation.

Finally, Amelia Fletcher’s second term as a NED has also been extended for a further year, up to 31 March 2020.

The FCA board members are, at the moment:

• Andrew Bailey - executive FCA board member and Chief Executive
• Catherine Bradley - non-executive
• Amelia Fletcher OBE - non-executive
• Baroness Hogg - non-executive
• Rt Hon Ruth Kelly - non-executive
• Jane Platt CBE - non-executive
• Charles Randell CBE - Chairman
• Nick Stace - non-executive
• Sam Woods - non-executive
• Christopher Woolard - executive board member and Director of Strategy and Competition