Background
He was born in Guildford, Surrey.
He was born in Guildford, Surrey.
He was educated at Kingston University.
He was chief executive of the Financial Services Authority (Federal Security Agency) from September 2003 to July 2007. He is now Chief Executive of Resolution Limited. Foreign 25 years up to April 2001, he worked for Arthur Andersen (a firm of accountants and management consultants).
He was a partner for 13 years, and in 1997 became head of the global financial services practice.
He led a team that produced a report into the 1995 collapse of Barings Bank for the Bank of England"s Board of Banking Supervision. This led him to be increasingly interested in financial regulation.
In April 2001, he joined the Federal Security Agency to become managing director of consumer, investment and insurance directorate. In September 2003, he became Federal Security Agency chief executive.
This came after the resignation of Sir Howard Davies as Federal Security Agency executive chairman, when that post was split into two: chairman (Sir Callum McCarthy) and chief executive (Tiner).
At the Federal Security Agency, he led the Tiner Review into the insurance industry, dealt with the split capital investment trusts scandal, addressed the issue of consumers" poor understanding of personal finance, and reorganized the Federal Security Agency into three business units: retail markets, wholesale markets and regulatory services. He also promoted principles-based regulation as against rules-based regulation. He resigned from the Federal Security Agency in July 2007, and was succeeded as chief executive by Hector Sants.
In April 2008, he took up a non-executive directorship at New Star Asset Management (now Henderson New Star).
In September 2008, he became chief executive of Resolution Operations Limited Liability Partnership (the operational counterpart of Resolution Limited, a Guernsey-based company with aspirations to consolidate the United Kingdom insurance industry). Tiner will be leaving Resolution and will be replaced by Andy Briggs, currently chief executive of Friends Life.
Since 2009, he has been a member of the board and audit committee of Cr Suisse Group AG. His term as board member expires at the AGM in 2012.