Trade Bodies  

Ex-FCA supervision head to lead UK Finance mortgage work

Ex-FCA supervision head to lead UK Finance mortgage work

Trade body UK Finance has appointed Charles Roe as director of mortgages as Jackie Bennett moves into the role of senior adviser.

Mr Roe, who joins in August, will be responsible for leading the trade body’s mortgage policy development.

Mr Roe held senior posts at the Financial Conduct Authority between April 2005 and July 2015, including head of department - mortgages and mutuals, where he implemented the conduct supervision strategy for the mortgage market.

He said: “I’m very much looking forward to joining the UK Finance mortgages team. Housing is always a priority and never more so than over the last few months.

“Ensuring customers continue to get the support they need, both now and in the future, will be top of members’ agendas, and as part of the team, we will be working closely with them to achieve this.”

Aside from the FCA, Mr Roe’s former roles include chief risk officer for Nottingham Building Society, and director for Grant Thornton UK LLP’s Financial Services Regulatory Practice, where he advised on the strategic and day to day challenges arising from the regulators’ focus on governance, control, organisational culture, compliance and the management of risk.

He will report to Eric Leenders, managing director of personal finance and chairman of the mortgage product and services board.

Mr Leenders said: “The industry has introduced a number of measures to support customers through the coronavirus crisis and as we emerge from lockdown, continued support for those who need it will be vital.

“Charles’ significant experience of risk, compliance and regulation combined with commercial and consulting background will no doubt prove invaluable to all our members across the mortgage industry.

“He is the ideal candidate to take over as director of mortgages during these unprecedented times. We are very much looking forward to him joining us in this key role.”

chloe.cheung@ft.com