The FCA has appointed Julia Hoggett from Bank of America Merrill Lynch to its supervision division as head of investment banking.
Hoggett is currently managing director at Bank of America Merrill Lynch, responsible for a range of debt capital markets products, and will take up her new role in early May.
She will report into FCA director of wholesale banking and investment management Will Amos.
Previously Hoggett was chief executive of DEPFA ACS Bank, an issuer of Irish asset covered securities. She has also worked for JP Morgan.
FCA director of supervision Clive Adamson says: “I am delighted that Julia is joining us – she has a huge amount of industry experience, with an excellent understanding of financial institutions and specific investment banking experience.”
Hoggett says: “I am honoured to be joining the FCA and to be part of the further development of financial market supervision in the UK.”
Her appointment marks the latest in a number of recent senior regulatory hires, including former Kleinwort Benson chief executive Robert Taylor as the FCA’s head of wealth management and former Goldman Sachs managing director James Kelly as an adviser within the FCA’s wholesale banking and investment management division.
Ex-HBOS risk adviser Karina McTeague was appointed as FCA director of retail banking last year.