Finance minister Enoch Godongwana has appointed advocate John Simpson as the new Ombud for Financial Services Providers (FAIS Ombud).
The Financial Sector Conduct Authority’s (FSCA) made the announcement of Simpson’s appointment in a press statement on Wednesday. The financial services regulator said Simpson brings a “wealth of experience to the role” given that he has served as a magistrate, a general manager at the banking ombud, a legal consultant and recently a full-time tribunal member at the National Consumer Tribunal.
Simpson replaces Thobile Masina, who has been acting Ombud since September 13 2022. His appointment is for a period of two years, effective from November 1 2022.
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