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FSA bolsters institutional unit

The FSA has appointed Jeremy Bennett, David Smith and Simon Stockwell as senior advisers in the wholesale and institutional business unit.

Bennett, former co-head of fixed income for Europe and emerging markets at Credit Suisse First Boston, has over 20 years experience in banking, with a background in structured products, derivatives and bank control infrastructure.

Stockwell was formerly head of the European corporate advisory business at Lehman Brothers and has a background in market compliance and surveillance.

Smith was senior partner in charge of KPMG Forensic Accounting in the UK after working as the partner in charge of several KPMG Middle East offices. He dealt with major audit clients in the oil and gas, banking and insurance industries as well as leading major financial investigations.

FSA managing director of wholesale and institutional markets Sally Dewar says they will fulfil a critical role in providing authoritative views and comment on industry developments. She says: “These appointments further underline the FSA’s commitment to having the right mix of people with market experience and regulatory backgrounds in the organisation.”

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