The Financial Conduct Authority (FCA) has made another three senior hires, as it continues to expand its leadership team.
The regulator’s deputy chief economist Graeme Reynolds has been named director of competition, taking charge of competition enforcement investigations.
Meanwhile, Mel Gunewardena will take up a senior advisor role at the FCA.
He is a former managing director of Goldman Sachs, and currently works as chief market intelligence officer at the Commodities and Futures Trading Commission in Washington DC. He will join the FCA in mid-May.
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And Simon Walls has been appointed as an interim wholesale director. Walls has been head of wholesale markets at the FCA since 2016. He previously spent seven years in asset management supervision at the City regulator.
“I continue to be impressed and encouraged by the talent, both internal and external, putting themselves forward to lead our organisation,” said Nikhil Rathi, chief executive of the FCA.
“I look forward to working closely with Mel when he joins and congratulate Graeme and Simon on their promotions. We anticipate having more senior appointments to announce soon.”
The FCA is on a recruitment drive at the moment, and has hired more than 250 people so far this year.
It is expected to make more senior hires soon, and is currently advertising for two permanent wholesale directors to join the supervision, policy and competition leadership team.
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