Press release: Gerard Lemos to stand down as Chairman of Money Advice Service at end of term of office

14 March 2013

Money Advice Service Chairman Gerard Lemos is to stand down at the end of September 2013, when his three year term of office comes to an end.

Gerard became Chairman of the Consumer Finance Education Body (CFEB) in September 2010. Since then, he has overseen the transformation of the organisation into the Money Advice Service, and the launch of an innovative service available over the web, on the phone and face-to-face.

Gerard said,“I am proud of all the progress the Money Advice Service has made in a short space of time, helping over 2.5 million people in less than two years. The Service is now firmly established and our new responsibilities for debt advice have been bedded in.

“With our new business plan setting the course for 2013/14 about to be published, now is the right time to handover to someone to take the Service on the next stage of its journey.”