FCA completes supervision reform with senior hires

The FCA has completed the restructure of its supervision division with the hire of four directors that will head up key areas within it.

FCA completes supervision reform with senior hires

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Linda Woodall will direct mortagaes and consumer lending, and Nick Poyntz-Wright and William Amos will take on long term savings and pensions, and wholesale banking and investment management respectively.

All three have been acting in their respective roles since April 2013, and have been with the regulator since it was the FSA.

Karina McTeague will look after retail banking when she joins the regulator from Lloyds Banking Group in November. She has held a number of positions at Lloyds, across risk, policy and general counsel areas.

All four will report to Clive Adamson, director of supervision, who oversees the department’s four sub-divisions and three specialist departments. The specialist departments are general insurance and protection, event supervision, and prudential supervision and specialists.

McTeague’s appointment counters a trend of regulator staff joining banking groups. See what we have to say on the matter here.

 

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