The panel is an independent statutory body that represents the interests of SME firms within their sector across FCA-regulated activities.
Marlene currently serves as the chief executive at Capital Credit Union and has been a member of the panel since 2015.
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Marlene said: “The smaller business practitioner panel plays a very important role in the regulatory environment.
“It represents a significant number of businesses across the country and ensures that their interests are at the forefront of change.”
She will succeed Craig Errington, group chief executive at Wesleyan.
Charles Randell, chair of the FCA, added: “I am sure that Marlene will continue the excellent work of her predecessors and I look forward to working with her in her new role.
“I would also like to thank Craig for his contribution, over several years, to the work of the panel as a member and latterly as chair.”
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