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FCA appoints ex-Barclays director to decisions committee

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The Financial Conduct Authority has appointed three new members to it regulatory decisions committee, including an ex-Barclay director and a JP Morgan investment banker.

The RDC now has 11 of its 14 members, as agreed by the FCA’s board, leaving three to be recruited. It issues warnings and decision notices on enforcement cases as well as deciding which contested applications should be regulated.

The RDC appointments are:
Ex-Barclays Bank UK banking commercial director John Callender, who has held various non-executive director positions, including non-executive chair of ANZ Bank Europe.

Ex-JP Morgan investment banker Richard Berliand who is a member of the US Commodity Futures Trading Commission’s global markets advisory committee.

Ex-Deloitte senior partner Iraj Amiri, who was seconded to Schroders Plc as global head of internal audit for more than 10 years.

Facts and Figures managing director Simon Webster says: “With these type of appointments there is always the concern that people working for corporate failures have been rewarded with cushy jobs.”

The FCA has also appointed ex-Pinsent Masons partner and deputy district judge Andrew Long as chair of the RDC. He was appointed acting chair of the committee in February 2012.

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