Press Releases

HISTORIC PRESS RELEASE : Banking consumer codes review group membership announced [November 2000]

The press release issued by HM Treasury on 23 November 2000.

The members of the Review Group that will assess whether banking services codes are delivering sufficiently strong benefits to consumers were announced today by Economic Secretary Melanie Johnson as :

  • Michelle Childs Head of Policy Department, Consumers? Association
  • Adrian Coles Director General, Building Societies? Association
  • Janet Connor Director of Savings, Banking, and Consumer Credit, Abbey National plc
  • Gerard Lemos Independent Director, Banking Code Standards Board; Director, Mortgage Code Compliance Board
  • Stan Mendham Executive Chair, Forum for Private Business
  • Brian Morris Director of Consumer and Retail, British Bankers Association
  • Teresa Perchard Head of Social Policy, National Association of Citizens Advice Bureaux
  • Neil Simpson Deputy personal finance editor, Financial Mail on Sunday; thisismoney.com

Miss Johnson announced previously that the Review Group will be chaired by DeAnne Julius, an external member of the Bank of England Monetary Policy Committee. All members will serve in a personal capacity.

Miss Johnson said:

” I am pleased that DeAnne Julius will be joined in conducting this valuable review by a high calibre team with such wide experience of consumer related issues. This ranges from the boardroom to direct consumer service at branch level; dealing with and commenting on specific consumer concerns and complaints; and representing the interests of small businesses.

“Their expertise and experience will help to ensure that the review produces a fully rounded analysis of how industry codes can be developed to deliver the improvements for consumers essential to meeting public concerns, and to taking forward issues raised recently by Don Cruickshank in his report on banking in the UK.”