Former Goldman and UBS director takes FCA role
The Financial Conduct Authority (FCA) has announced this morning that it’s appointed former Goldman Sachs and UBS managing director James Kelly as an adviser.
Kelly will join the wholesale banking and investment management division with Supervision, working part-time.
The City watchdog says he’ll advise the team on supervisory strategy, using his wide knowledge of the investment banking sector.
Clive Adamson, director of supervision at the FCA, said:
It’s vital that we continue to appoint individuals with sector specific expertise into the FCA, and James has that in spades. His knowledge of the market and strategic insight will be hugely valuable.
This is the latest high-profile addition to the supervisory team at the FCA and I’m sure it will be welcomed by the industry.
Kelly, who is starting immediately, will report to Will Amos, director of the FCA’s wholesale banking and investment management division.
The regulator’s supervision division has seen several other high-profile individuals join its ranks recently. Rob Taylor, former chief executive of Kleinwort Benson, has taken up the role of head of wealth management and private banking and last year, Karina McTeague of Lloyds Banking Group was recruited as director of retail banking.