New chair of the LSB

The Lending Standards Board (LSB) has announced that Chris Pond will take over as chair of the watchdog at the end of March.

New chair of the LSB

He succeeds Lord Hunt of Wirral who has completed six years as chairman, recently overseeing the move from the Lending Code to the outcome-focused Standards of Lending Practice.

Pond’s experience is in ministerial, chief executive, chair and director roles, covering a range of financial services organisations.

His current non-executive roles include chair of both the Money Charity and Equity Release Council Standards Board, vice-chair of the Financial Inclusion Commission, and member of the Treasury Advisory Panel.