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 consists of two board members and four independent members.
The board members serving on the panel are:
- Simon Wilde (chair)
- Richard Stables.
Independent members
Simon is an experienced consultant specialising in financing, investment, and restructuring.
He has held corporate-finance advisory roles at Blackstone and its spin-off PJT Partners, practised as a lawyer at Freshfields Bruckhaus Deringer, and undertaken diverse capacity-building and legal-reform work for the World Bank and the International Monetary Fund.
He has advised companies in a wide variety of markets and public-sector bodies in a broad range of countries on how to address significant business challenges, and his experience includes two client secondments and two overseas secondments.
He has served on board committees of a number of organisations.
Jerry was previously Chair of London South Bank and Kingston Universities, as well as Vice Chair and Chair of Finance & Audit at the University and Colleges Employers Association.
He has previously had a career spanning both the public and private sectors, including chairing two pay review bodies (health and prisons) over 13 years, and as Managing Director of Royal Mail. He was also a pension trustee. Jerry is currently a member of the English Cricket Board's regulatory board.
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.
Jon was previously at the Department of Media, Culture and Sport (DCMS) / the Shadow Football Regulator and the Independent Football Regulator (IFR), as Head of Financial Regulation. He was responsible for the policy architecture for the newly created IFR with a focus on long-term financial sustainability. He left the IFR to start a consultancy business in May 2026.
He continues to sit on the Investment Committee of BBC Children in Need as an independent advisor to the trustees on investment policy and asset and liability risk management.
Prior to joining the DCMS, Jon worked as a senior policy advisor for the Council of Mortgage Lenders, working with the mortgage industry and a range of regulators to improve the mortgage market for consumers following the 2008 financial crisis. This followed nearly 20 years in investment banking for, amongst others, Goldman Sachs, UBS and Dresdner, primarily in the debt capital markets raising capital for UK financial institutions.
Jon holds a PhD from Birkbeck (London University) awarded by the School of Management. His area of research was regulation and governance.
Committee documents
Last updated 01 June 2026 + show all updates
01 June 2026 - Added details of independent members and updated rules of procedure and register of interests. Richard Stables has also joined the panel from 1 June 2026.
26 March 2026 - Applications are now closed
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