Who we are

Financial Sustainability Advisory Panel

The Financial Sustainability Advisory Panel is a committee of the OfS board. It provides expert advice and assurance to the OfS in relation to our regulation of the financial viability and sustainability of higher education providers in England.

The panel will:

review and provide views on information and sector-level data relating to the financial health of higher education providers
provide input on how the OfS categorises risk and sets standards for financial performance, with the aim of drawing on experience across regulated sectors
provide assurance on the robustness of the OfS’s approach to provider risk
advise the OfS about policy options that may increase the resilience of higher education providers
contribute to the further development of frameworks and principles for managing providers exiting the market.

It currently consists of one board member and one independent member. We are recruiting to appoint up to three more independent members.

See further details and apply

The board member serving on the panel is:

Simon Wilde (chair)

Independent members

Charles Ilako

Charles was previously a member of the OfS’s Provider Risk Committee. He is a Committee Member of the Law Society in England and Wales, Lay Council member of the Law Society of Scotland (and Audit Chair) and a Trustee Director of Sue Ryder. He has held a number of Board roles, including a Trustee Director of PwC’s Pension Schemes, Chair and Financial Services Supervisor of the Financial Services Regulatory Authority in St Helena, Head of Banking Supervision at the Cayman Islands Monetary Authority, and Lead Partner of PwC’s EMEA Financial Services Regulatory Practice for over 10 years.