The Church of England is also in the process of setting up a Credit Union

Archbishop wants Sir Hector Sants to lead financial services taskforce

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Former FSA chief executive Sir Hector Sants has been approached by Archbishop of Canterbury Justin Welby to lead a new financial taskforce, according to The Telegraph.

Sants, who resigned from his role as Barclays head of compliance and government and regulatory relations in November due to stress, is said to have been asked by Welby to lead the Archbishop’s Taskgroup on Credit Unions and the Financial Sector.

The Church of England is also in the process of setting up a credit union and it wants to use its 16,000 churches to grow the service.

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