By Daniel Hunter
Business Secretary Vince Cable has today (Wednesday) announced the Senior Executive Team for the new Competition and Markets Authority (CMA).
The five appointments announced today are:
Andrea Coscelli, Executive Director - Markets & Mergers
Sonya Branch, Executive Director - Enforcement
Erik Wilson, Executive Director - Corporate Services
Mike Walker, Chief Economic Adviser
Sarah Cardell, General Counsel
The appointment of these five individuals completes the CMA’s Senior Executive Team following the appointment of the CMA Chief Executive Alex Chisholm in January 2013. It also completes the CMA Board, following the appointments of David Currie as Chairman in September 2012, and Non-Executive Directors in July 2013. The formation of the Board and Senior Executive Team comes ahead of the shadow launch of the CMA on 1 October.
Business Secretary Vince Cable said: “The appointment of this executive team is another milestone in the creation of the new Competition and Markets Authority. I am sure that the knowledge, expertise, and experience they bring will help to build a high-quality competition authority.”
CMA Chief Executive Alex Chisholm said: “I am delighted that we have been able to attract such a strong team to work with me in leading the CMA. Today’s appointments complete our Senior Executive Team and are a major step in creating the new organisation.”
On 1 April 2014, the Competition Commission and the Office of Fair Trading (OFT) will come together to form the CMA. The new authority will be the UK’s single leading body responsible for promoting competition for the benefit of consumers across the economy. It will provide essential services to business and consumers, operating with flexibility and with a more streamlined approach to decision making.
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