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flag Liam Coleman will become the interim chair of the Financial Ombudsman Service on October 10, 2025.

flag Liam Coleman, former CEO of The Co-operative Bank, will take over as interim chair of the Financial Ombudsman Service (FOS) on October 10, 2025. flag This follows Baroness Zahida Manzoor's departure after two terms. flag The FOS and the Financial Conduct Authority (FCA) are working to modernize the financial redress system, including consultations on case fees for financial firms to promote early resolution. flag The FOS handled 305,726 complaints in 2024-25, its highest number in six years.

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