Ex-FCA boss Clive Adamson joins JP Morgan and Pru

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Former FCA director of supervision Clive Adamson has secured two non-executive director roles at JP Morgan and Prudential.

Subject to regulatory approval, Adamson will join JP Morgan as a senior adviser and will report  to regional head of regulatory affairs Sally Dewar. Dewar joined JP Morgan in February 2011 from the FSA, where she was head of risk.

At Prudential Adamson will chair the risk and capital committee of the board.

His role at the Pru was first reported in March. 

Adamson left the FCA in December ahead of the Davis inquiry into the closed book briefing given to the Daily Telegraph. The subsequent report led to insurers’ share prices tumbling, with the FCA taking over seven hours to issue a statement.

The Davis report revealed a catalogue of errors at the regulator.