Financial Limited has appointed ex-Nationwide head of regulatory risk oversight Richard Warrington as the firm’s first compliance and risk director.
A new compliance and risk director role has been created to replace Steve Bell’s position of compliance director. Bell left Financial Limited in November after six years with the firm as part of a management reshuffle.
Bell will remain with the firm to oversee a transition to the new management structure and is due to leave in mid-January 2013.
In three further appointments, Stuart Bernau is the new non-executive chairman; while Kevin Watkins and Robin Bailey have been approved as non-executive directors.
Warrington was Nationwide’s head of regulatory risk oversight from November 2009 to September this year and has previously worked for National Australia Group Europe as the head of regulatory affairs and compliance.
Bernau was chairman and chief executive of Chelsea Building Society from 2009 to 2010 and Nationwide’s retail operations director for 19 years, between 1990 and 2009.
Watkins is also a non-executive director at Standard Financial Group while Bailey is a former divisional director of Nationwide.