FCA hires ex-Kleinwort Benson CEO as head of wealth management

Carmen Reichman
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The Financial Conduct Authority (FCA) has hired ex-Kleinwort Benson chief executive Robert Taylor as head of wealth management and private banking in its supervision division.

Taylor also previously worked at Merrill Lynch, SG Hambros, and Coutts. He will start in his new role at the beginning of February 2014 and will report to director of long term savings and pensions Nick Poyntz-Wright. FCA director of supervision Clive Adamson said: "I'm delighted that Rob is joining our senior team at the FCA. "He has an extensive knowledge of the market and strategic insight that will be extremely useful as we continue to develop our new regulatory focus on the wealth management industry. "The addition of such an experienced practitioner will be warmly welcomed...

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