The City-watchdog has appointed one if its special advisers to the role of executive director of risk and compliance oversight.
The Financial Conduct Authority announced on Friday (September 20) that Sheree Howard, currently interim director in the same role, would take up the position on a permanent basis.
Ms Howard joined the regulator as a special adviser back in December 2017 after spending 25 years in the financial services industry.
According to her LinkedIn profile, Ms Howard held senior roles at the Royal Bank of Scotland — including head of the compliance and conduct advisory team and chief risk officer — and previously worked as director of underwriting and analysis at Direct Line Group.
Ms Howard initially trained as an actuary and has been a fellow of the Institute of Actuaries since 1994.
She succeeds Barbara Frohn, who left the regulator earlier this year having served on the executive committee since 2015.
FCA boss Andrew Bailey said: “Sheree brings a wealth of knowledge and experience and has already made a real contribution to the FCA as a senior adviser and as interim director of risk and compliance oversight.
“I look forward to continuing to work with Sheree in her vital role on executive committee and advising the board on the breadth of risk in the organisation.”
Ms Howard said she was excited to take up the role on the executive committee after spending just under two years at the regulator.
She added: “I am looking forward to working with everyone in risk and compliance oversight as well as with the executive, coard and the rest of the FCA in helping to deliver our strategic aims.”
Ms Howard’s is the latest in a series of appointments at the regulator, including Marlene Sheils as chairwoman of its smaller business practitioner panel and Kate Collyer as chief economist.
imogen.tew@ft.com
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