Age, Biography and Wiki
Suzi Leather is a Ugandan-born British businesswoman and former civil servant. She is the former chair of the Financial Services Authority (FSA) and the former chair of the Financial Reporting Council (FRC). She was appointed to the FSA in 2003 and served as its chair from 2006 to 2012.
Leather was born in Uganda in 1956 and moved to the United Kingdom in 1972. She studied economics at the University of Manchester and went on to work in the civil service, including a period as the Director of the Office of Fair Trading.
Leather was appointed chair of the FSA in 2006 and served until 2012. During her tenure, she oversaw the introduction of the Retail Distribution Review, which aimed to improve the quality of advice given to consumers. She also oversaw the introduction of the Senior Managers Regime, which aimed to improve the accountability of senior managers in the financial services industry.
Leather was appointed chair of the FRC in 2013 and served until 2018. During her tenure, she oversaw the introduction of the UK Corporate Governance Code, which aimed to improve the standards of corporate governance in the UK.
Leather is currently a non-executive director of the Bank of England and a member of the board of the Institute of Chartered Accountants in England and Wales. She is also a trustee of the British Museum and a member of the board of the Royal Academy of Arts.
As of 2021, Suzi Leather's net worth is estimated to be approximately $10 million.
Popular As |
N/A |
Occupation |
N/A |
Age |
68 years old |
Zodiac Sign |
Aries |
Born |
5 April, 1956 |
Birthday |
5 April |
Birthplace |
Uganda |
Nationality |
Uganda |
We recommend you to check the complete list of Famous People born on 5 April.
She is a member of famous with the age 68 years old group.
Suzi Leather Height, Weight & Measurements
At 68 years old, Suzi Leather height not available right now. We will update Suzi Leather's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
Physical Status |
Height |
Not Available |
Weight |
Not Available |
Body Measurements |
Not Available |
Eye Color |
Not Available |
Hair Color |
Not Available |
Dating & Relationship status
She is currently single. She is not dating anyone. We don't have much information about She's past relationship and any previous engaged. According to our Database, She has no children.
Family |
Parents |
Not Available |
Husband |
Not Available |
Sibling |
Not Available |
Children |
Not Available |
Suzi Leather Net Worth
Her net worth has been growing significantly in 2022-2023. So, how much is Suzi Leather worth at the age of 68 years old? Suzi Leather’s income source is mostly from being a successful . She is from Uganda. We have estimated
Suzi Leather's net worth
, money, salary, income, and assets.
Net Worth in 2023 |
$1 Million - $5 Million |
Salary in 2023 |
Under Review |
Net Worth in 2022 |
Pending |
Salary in 2022 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
|
Suzi Leather Social Network
Timeline
Leather was dubbed the "quango queen" in the popular press. In April 2013, she took the unpaid position of the independent Chair of the Plymouth Fairness Commission.
In 2010, a list released by the Cabinet Office in a drive for greater transparency in public life revealed the salaries of 156 "quango" bosses, including her own remuneration package of £104,999 a year for a 3-day week as head of the Charity Commission.
Specifically, it was decided that, while providing education is a charitable purpose, doing so only in exchange for an economic fee does not meet the requirement that the purpose is carried on for public rather than private benefit. A fee-paying school could nonetheless deserve charitable status, for example if it offered bursaries, or provided teaching or coaching children from surrounding schools, or otherwise contributed. In July 2009, five private schools in the North West of England had been investigated and it was concluded that two of the five gave insufficient benefit to the public and had therefore failed the proposed test. These school would lose their charitable status in a year's time "unless they gave out more bursaries", but these schools were allowed to keep their charitable status in 2010 after re-addressing their public benefit.
The Charities Act 2006 added to the traditional list of "charitable purposes" for which charities can be established (the prevention or relief of poverty, the advancement of education, the advancement of religion, and so forth) a requirement that their activities should be carried on "for the public benefit"; and it required the Charities Commission to determine how it would be established that the public benefit was being served. In pursuance of this requirement, in 2009 Leather instigated an investigation into private schools in order to determine whether non-profit education providers should continue to be accorded charitable status automatically. She stated she could not "see why charitable status was always merited".
The Independent Schools Council successfully challenged the controversial "public benefit" test, at a tribunal hearing which cost the Commission £185,000 in legal costs. Leather later expressed regret over the focus on bursaries, but said that most of the guidance had been upheld. The Commission was accused of exceeding its powers under the Charities Act 2006, and of drafting the "public benefit" test under Labour Party instructions. Nevertheless, upon her departure from the Charity Commission, Conservative MP Bernard Jenkin gave credit for her "courage and tremendous public service". She is listed as #31 in Quentin Letts' book, "50 People Who Buggered Up Britain".
From May 2005 – July 2006, she was chair of the School Food Trust. She gave up the HFEA and School Food Trust positions for the Charity Commission position. She felt her qualification for that position derived from her experience as a regulator rather than any expertise with charities; "My main contact [with charities] has been through volunteering – I have no experience personally of working for charities. I don't think I had a very well developed sense of what the Charities Bill was going to do, so I can't describe myself as a charities expert in any sense", and therefore spent her early months in the post absorbing information about the sector.
In 1979–84, she was a senior research officer for Consumers in Europe. In 1984–86 she was a trainee probation officer. In 1988–97 she was a freelance consumer consultant. In 1997–2001, she was chair of Exeter and District NHS trust. From 2000–02, she was first deputy chair of the Food Standards Agency. From March 2002 – July 2006, she was chair of Human Fertilisation and Embryology Authority. She joined the board of the United Kingdom Accreditation Service in 2006 (a political recommendation from the Downing Street office of then Prime Minister Tony Blair) to improve their quality standards regulation.
She was educated at St Mary's, Calne, Tavistock School, and Exeter University where she received a BA degree with honours in Politics in 1977, followed by a BPhil degree in social work. She then took an MA degree in European politics in 1978 from Leicester University.
Dame Susan Catherine Leather, DBE, DL (born 5 April 1956) was chair of the Charity Commission from 1 August 2006 to 31 July 2012. She was succeeded by William Shawcross. Previously she chaired the Human Fertilisation and Embryology Authority. She was created a Dame Commander of the Order of the British Empire in January 2006.