FSA appoints chief operating officer

The Financial Services Authority has appointed Mark Norris as its new chief operating officer.

Norris, who takes over from David Kenmir, will have overall responsibility for all aspects of finance, planning, HR and project management, facilities and information systems across the whole of the FSA.

With 25-years experience in the financial services industry, his most recent job was COO of Credit Suisse’s UK private banking business.

In the past he has held down senior roles in operations, audit and compliance, in the UK as well as Japan, Hong Kong, Australia and the USA.

He is also a qualified accountant and member of the Institute of Chartered Accountants in England & Wales and Australia.

Hector Sants, chief executive officer at the FSA, says: “Norris will be a valuable addition to the FSA’s management team.

“With such a strong financial background and such broad experience in operations and audit, he will play a key role in driving the FSA’s operations.”