United Kingdom’s financial regulatory body Financial Conduct Authority more commonly known as FCA recently revealed in an announcement stating that it had appointed Sheree Howard to serve as its Executive Director of Risk & Compliance Oversight. Sheree Howard has been a part of the UK watchdog for more than a year now having joined the regulatory body back in December 2017 as a special adviser and subject matter expert. While he has been promoted to role of an executive director, she is currently serving as Interim Director of Risk & Compliance according to press release issued by UK FCA. In her role as special adviser, Sheree was required to be involved in wide range of activities spanning some of the most complex and critical investigation and thematic reviews undertaken in her area of speciality. She also participated in FCA interviews of those who applied for SIF roles in large regulated firms.
Sheree Howard is an industry veteran with nearly 25 years of experience serving in major roles in both banking and insurance sector based financial service providers. Prior to taking up her role with FCA as an adviser, Howard served at Royal Bank of Scotland for a period of nearly four years and two months. Howard joined RBS back in April of 2013 in role of Chief Risk Officer and was promoted to role of Director of Advisory, Commercial and Private Banking, Conduct and Regulatory Affairs in October of 2014. Before joining RBS, Howard spent nearly a decade serving at UK based insurance service provider Direct Line Group in which she joined as a member of corporate Actuary team back in September of 2003 and climbed all the way up to role of Managing Director of Solvency and Executive Project and was promoted a total of four times during her nine and half years long tenure at the firm.
Commenting on her promotion, Sheree Howard stated, “Having spent just under two years at the FCA, I am excited to be able to take up this role on the Executive Committee. I am looking forward to working with everyone in Risk and Compliance Oversight as well as with the Executive, Board and the rest of the FCA in helping to deliver our strategic aims”. Commenting on Sheree’s appointment to role of Executive Director, FCA’s Chief Executive Officer Andrew Bailey stated, “Sheree brings a wealth of knowledge and experience and has already made a real contribution to the FCA as a Senior Adviser and as Interim Director of Risk and Compliance Oversight. I look forward to continuing to work with Sheree in her vital role on Executive Committee and advising the Board on the breadth of risk in the organisation”.
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