The FCA has made two permanent appointments to its executive team.
Johan Sekora will join the FCA next month as chief operating officer, relocating from Stockholm.
Simon Walls takes up a permanent role as executive director for market after carrying out the same duties on a temporary basis since 2024.
Sekora joins from Swedish bank SEB where he was global head of financial crime prevention.
He has 25 years’ experience in financial services, including 20 years at HSBC and roles liaising with Swedish police to combat crime.
The FCA says he is a leading voice on the use of data and artificial intelligence to tackle emerging risks.
Walls has worked at the city regulator for two decades and has held senior positions across wholesale markets, including policy, asset management and banking supervision.
The FCA says he played a key role in navigating significant events affecting markets, including the Libor transition and the UK’s exit from the EU.
Sekora says:“As the leading and largest European regulator, the FCA leads from the front in many regulated areas by protecting customers, driving smarter regulation, and combatting financial crime through collaboration and the use of AI.”
Walls says: “Britain’s financial markets have been defined for centuries by innovation, openness and integrity.
“I’m delighted to lead such a committed and professional team at the FCA as we deliver our ambitious markets work to further these traditions.”
FCA chief executive Nikhil Rathi says: “A strong leadership team is a crucial part of us being the smarter regulator we aspire to be.
“Simon’s appointment provides continuity as we continue to reform our wholesale markets, while Johan brings significant international experience that will help us operate more efficiently and effectively in the interests of consumers, markets and the wider economy.”
Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by finopulse.
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