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Technology & Finance

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Adaltner was the chairman of the Financial Services Regulatory Authority in the UK from 2008 to 2013. The FSA was once the unified regulatory authority for the UK financial market and has now been split into two institutions. He was also the Chairman of the UK Government's Climate Change Committee from 2008 to 2012. In 2009, the UK Financial Services Regulatory Authority issued a report recommending regulatory reforms in the global banking industry to address the credit crisis and bank liquidity collapse. Adar led the UK Financial Services Regulatory Authority to rebuild its reputation and modify its regulatory system. He is regarded by many in the industry as an active representative who combines industry experience and political rationality. Under his leadership, the UK Financial Services Regulatory Authority has played an important role on the international stage, and the UK government has also re examined the division of powers between the FSA, the Bank of England, and the UK Treasury in financial regulation. Adar is currently a senior researcher at the New Economic Thinking Institute. Prior to 2008, he was a non-executive director of Standard Chartered Bank, Vice Chairman of Merrill Lynch Europe from 2000 to 2006, and Director General of the UK Federation of Businesses from 1995 to 1999. Previously, from 1992 to 1995, he was a director of McKinsey&Company Consulting, leading McKinsey to establish the Eastern European and Russian markets. He is a visiting professor at the London School of Economics and the Castle School of Business at City University of London. In 2005, he became a neutral member of the British House of Lords. He served as the Chairman of the UK Pension Board from 2003 to 2006, and as the Chairman of the Low Income Committee from 2002 to 2006. From 2007 to 2010, served as the Chairman of the Overseas Development Research Institute. His literary capital, the Free Economy, was published by Macmillan, a British publishing company, in 2001.

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