Financial Ombudsman Service: departure of CEO and ‘disrespectful’ actions of Chair

Monday, 14 July 2025 00:01

A new report sets out the Treasury Select Committee's assessment of the handling of the departure of previous Chief Executive Officer, Abby Thomas, from the Financial Ombudsman Service (FOS).  In the report, published today, MPs conclude that Ms Thomas was dismissed from her role at the FOS due to a ‘collapse in confidence' following fundamental disagreements with the Board on strategy, management and operations.   Having previously refused to answer...Request free trial