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FCA appoints director of mortgages and consumer lending

by: IFAonline
  • 07/08/2013
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FCA appoints director of mortgages and consumer lending
The Financial Conduct Authority (FCA) has appointed four directors to lead key areas of its supervision division, including Linda Woodall as director of mortgages & consumer lending.

Nick Poyntz-Wright will be heading up its long term savings & pensions unit as director of long-term savings & pensions. Karina McTeague has been appointed director of retail banking and William Amos joins them as director of wholesale banking & investment management.

McTeague, who joins from Lloyds Banking Group, represents the only new hire for the regulator. All four of the new directors will report to Clive Adamson, who remains director of supervision at the FCA.

The FCA said the appointments complete the senior structure in supervision, and are the final step in implementing a new structure for the division.

Adamson said: “I am delighted to have appointed Karina, Nick, Will and Linda to the supervision division. They bring a wealth of industry and regulatory experience and will strengthen the leadership of the organisation.

“These appointments also provide more management depth to help us take forward the FCA’s agenda in the diverse sectors that they will lead.”

The FCA’s supervision division has four sub-divisions and three main specialist departments. The sub-divisions are: retail banking, wholesale banking & investment management, mortgages & consumer lending, and long-term savings & pensions.

The specialist departments are: general insurance & protection led by Simon Green, event supervision led by Susan de Mont, and prudential supervision & specialists led by Gerald Sampson.

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