The FCA has announced that it has appointed two new senior leaders as the regulatory body aims to strengthen its capability across key areas of its remit.
Chris Knight will join the supervision, policy and competition (SPC) division as director of insurance in July of this year.
He will be joining from Legal & General (L&G), where he has spent the last five years as group chief risk officer and has been a member of the group management committee. Prior to this role, Chris was the CEO of Legal & General retail retirement for three years.
Furthermore, David Lymburn has joined the payment systems regular (PSR) as interim deputy managing director.
He has over fifteen years' experience in financial services, including his work as chief operating officer and global payments programme director at Nordea Bank and payments roles at the Royal Bank of Scotland and Lloyds Banking Group. He will serve in this interim role while the permanent recruitment takes place.
"We welcome Chris and David into their new roles," Sarah Pritchard, deputy chief executive, FCA, said. "They bring considerable industry and leadership experience and will play a vital part in driving forward our strategic priorities – strengthening our capabilities, accelerating our journey to become a smarter regulator, and ensuring we continue to support economic growth and improve lives across the UK."
