Business Secretary has today (14 May)
confirmed 9 appointments to the Competition and Markets
Authority (CMA) panel.
Panel members are tasked with running merger and market
inquiries that have been referred for a thorough (phase 2)
investigation. Panel members also make decisions on
regulatory appeals on price controls or terms of licences.
Jo Armstrong
Jo Armstrong is a business economist and corporate
financier having worked in financial services, oil and gas
and government, and has also worked extensively with
regulatory bodies including Ofgem and the Scottish Housing
Regulator. Her appointment as a panel member commenced in
May 2020.
Margot Daly
Margot Daly is an executive director of the Navy, Army and
Air Force Institutes (NAAFI), a trustee of GamCare and an
independent business consultant. Previously she was a panel
member of the Competition Appeal Tribunal. Her appointment
as a panel member commenced in May 2020.
Ashleye Gunn
Ashleye Gunn is an independent consumer policy consultant.
She is a panel member for Ofgem’s RIIO Stakeholder
Engagement and Consumer Vulnerability incentive and for UK
Power Networks London Customer Engagement Group
for RIIO-2. She
was previously Policy Programme Director at Which? Her
appointment as a panel member commenced in April 2020.
Jennie Holloway
Jennie Holloway is co-founder of The Growth Stage and
co-founder and Director of Ekta Partners Limited. Prior to
launching these businesses, Jennie worked in investment
banking for 15 years, latterly as a Managing Director at
Goldman Sachs, where she ran Alternative Equity Capital
Markets. Her appointment as a panel member commenced in May
2020.
Frances McLeman
Frances McLeman is an experienced corporate and regulatory
lawyer. A former Corporate Partner at City law firm Berwin
Leighton Paisner LLP (now Bryan
Cave Leighton Paisner LLP), she was
recently Head of Ring Fencing Legal at Lloyds Banking Group
(LBG) delivering a major regulatory reform programme, and
before that LBG’s Head of Corporate and M&A Legal. Her
appointment as a panel member commenced in May 2020.
Cyrus Mehta
Cyrus Mehta was a Partner and Head of the EU and
Competition team at law firm CMS Cameron McKenna Nabarro
Olswang LLP. He has over 30
years’ experience in the field of UK and EU competition
law, state aid, trade law and regulation. His appointment
as a panel member commenced in April 2020.
Sir Kenneth Parker
Sir Kenneth Parker was formerly a QC, joint head of
Monckton Chambers, a Law Commissioner and Judge of the High
Court. He is currently a Judicial Commissioner in the
Investigatory Powers Commissioner’s Office, and a legal
chair for the Financial Reporting Council. His appointment
as a panel member commenced in May 2020.
Stephen Rose
Stephen Rose was a consultant to international law firm,
Eversheds-Sutherland (International) LLP, having formally
been a senior partner in the firm’s Competition, EU and
Trade group for over 20 years. His appointment as a panel
member commenced in April 2020.
Crispin Wright
Crispin Wright was Director General of the Takeover Panel
from 2015-2018. Prior to that he was an investment banker
for over 30 years specialising in mergers and acquisitions
at Rothschild and Co, Deutsche Bank and Morgan Grenfell.
His appointment as a panel member commenced in April 2020.
The CMA
The CMA is a
non-ministerial department and the UK’s primary competition
and consumer authority. It has responsibility for carrying
out investigations into mergers, markets and the regulated
industries, and enforcing competition and consumer law.