FCA appoints former Goldman Sachs MD as adviser

The Financial Conduct Authority has appointed James Kelly as a part-time adviser in the wholesale banking and investment management supervision division with immediate effect.

As a former managing director at Goldman Sachs and UBS, the FCA said Mr Kelly brings “significant industry experience”. In his new role, Mr Kelly will advise the team on supervisory strategy and bring to bear his “in-depth knowledge of the investment banking sector”.

Clive Adamson, FCA’s director of supervision, said: “It’s vital that we continue to appoint individuals with sector specific expertise into the FCA, and James has that in spades. His knowledge of the market and strategic insight will be hugely valuable.

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“This is the latest high-profile addition to the supervisory team at the FCA and I’m sure it will be welcomed by the industry.”

James will start his new role immediately and report to Will Amos, director of the FCA’s wholesale banking and investment management division.

Mr Kelly added: “The investment banking sector continues to experience considerable change, especially with regards to regulation. I’m looking forward to sharing my experience with Clive, Will and the rest of the team.”