John Govett, a former boss of contract manager Ixion, has been appointed as chief executive of the government’s new Single Financial Guidance Body (SFGB).
The organisation will replace the three existing government-sponsored financial guidance providers – the Money Advice Service, the Pensions Advisory Service and Pension Wise – in January 2019.
The new body focuses on pensions, money and debt guidance. It will also act as a consumer protection organisation and offer advice to the secretary of state on establishing a debt respite scheme.
Prior to taking the helm at Ixion, Govett worked as managing director of Surrey County Council, Shaw Trust Charity Board and as P&O Ferries’ commercial director.
He is also deputy chair and non-executive director of the Basildon and Thurrock University NHS Foundation Trust.
His appointment follows the recent appointment of former Financial Services Association chair Sir Hector Sants as chair of the SFGB in May 2018.
