The executive also encouraged people to look at how they can reduce climate change by walking short distances rather than using a car and not over-filling kettles.

BBC: Flooding is expected to increase over the next 80 years

Terry Baker, who was filling the job temporarily, takes over the vice-chairman position.

BBC: Rolls becomes Cambridge chairman

It's a very traditional system, it's based on form-filling, aggregating quarterly returns, and it's suffered over the years from under-notification.

BBC: INTERVIEW WITH SIR LIAM DONALDSON, CHIEF MEDICAL OFFICER

But with a long string of crises and scandals on Wall Street over the past year, the president-elect said he wanted to waste no time filling the job.

NPR: Obama Names SEC Pick