Mark Hoban
Shadow Minister (Treasury)
To ask the Chancellor of the Exchequer what process resulted in the appointment of (a) Ron Sandler as Executive Chair and (b) Ann Godbehere as Chief Financial Officer of Northern Rock.
Kitty Ussher
Economic Secretary, HM Treasury
Mr. Sandier and Ms Godbehere were appointed through a process that was in line with common industry practice of recruiting senior managers.
The Financial Services Authority has confirmed that both of them are suitable persons to direct the business.
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