FCA adds former Goldman Sachs MD to supervision unit

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The Financial Conduct Authority (FCA) has appointed former Goldman Sachs managing director James Kelly as an adviser in its wholesale banking and investment management division within the supervision unit.

Kelly, also a former managing director at UBS, will advise the team, which is headed by FCA supervision director Clive Adamson, on strategy. Adamson said: "It's vital that we continue to appoint individuals with sector specific expertise into the FCA, and James has that in spades. His knowledge of the market and strategic insight will be hugely valuable." Kelly's appointment in the supervision division follows that of former Kleinwort Benson CEO Rob Taylor, who was named head of wealth management and private banking.

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