CompaniesJan 6 2014

FCA hires ex-Kleinwort CEO as wealth management head

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The Financial Conduct Authority has appointed Robert Taylor as head of wealth management and private banking in its supervision division.

Mr Taylor most recently worked as chief executive at Kleinwort Benson, leaving in 2011.

Since 2011 Rob has been working across a variety of sectors stretching from the investment management industry to academia and the arts.

He is currently chairman of the University for Creative Arts and of the Whitechapel Gallery in East London. He is also a director of the East London NHS Foundation Trust.

Mr Taylor will start his new role at the beginning of February 2014 and report to Nick Poyntz-Wright, the FCA’s director of long term savings and pensions.

Clive Adamson, director of supervision at the FCA, said: “I’m delighted that Rob is joining our senior team at the FCA.

“He has an extensive knowledge of the market and strategic insight that will be extremely useful as we continue to develop our new regulatory focus on the wealth management industry.

“The addition of such an experienced practitioner will be warmly welcomed by both FCA staff and the sector.”

Mr Taylor said: “The wealth management sector is hugely important to the UK’s financial services. I’m looking forward to working closely with an industry I know well to ensure that its clients are being well served.”