Chair appointed to new integrated Association

10th February 2017
Bob Wigley has been announced as the chair of the new integrated trade association called Financial Services Trade Association, which will bring together six member organisations operating across a wide range of financial services in the UK. The six trade associations which are set to merge are:
  • The Asset Based Finance Association (ABFA)
  • British Bankers’ Association (BBA)
  • Council of Mortgage Lenders (CML)
  • Financial Fraud Action UK (FFA UK)
  • Payments UK
  • UK Cards Association (UKCA)

Wigley takes up the role on 1 March and will oversee the appointment of the chief executive of the new body and the integration of the existing trade associations later in 2017.

Wigley said: “I am honoured to be taking on this key role at such a critical time for the industry. Financial services make a considerable contribution to the UK economy and currently face a challenging environment. I aim to build a strong and effective body capable of speaking for the industry with one voice and working constructively with consumers, regulators and stakeholders.

“This new organisation aims to become an authoritative voice for the finance sector all around the UK, building on the expertise of its diverse membership. I look forward to leading and overseeing the new organisation and to meeting the challenges and significant opportunities that lie ahead.”

CML chair Peter Hill commented: “We are delighted that Bob has agreed to become chair of the new association, and believe that he will deliver the quality of leadership needed to take the new body forward.”

BBA chair Noreen Doyle said: “I welcome the appointment of Bob as chair of the new financial services trade association. He brings a wealth of experience to the role and a strong track record of leadership. His appointment will continue to ensure the new trade association addresses the many opportunities and challenges the industry faces in supporting customers, businesses and the country as a whole.”