The Financial Services Authority has named Joe Garner as chairman of the Financial Services Practitioner Panel, with effect from 1 June 2012. He will succeed Russell Collins, who is retiring from Deloitte at the end of May.

Garner is head of the UK bank and deputy chief executive at HSBC Bank, with responsibility for HSBC’s retail and commercial banking business in the UK.

The panel was established under the Financial Services and Markets Act 2000 to represent the interests of practitioners and is independent of the FSA. Members are drawn from regulated institutions and market users at a senior level. Membership rotates to ensure a balance between consistency and new input.

Garner started his career with Procter and Gamble for nine years, and later worked at electrical retailer Dixons Group, before joining HSBC in 2004. He was also a non-executive director of the Financial Ombudsman Service from February 2008 to 2010.