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FSA appoints new risk adviser

The Financial Services Authority has appointed Robert Stansbury as a new senior adviser on risk management.

Since 1993 Stansbury has been advising boards of financial services firms on the governance of risk. Prior to this he was director at Hill Samuel with responsibilities including Derivatives, Risk Management, Research and Strategy.

The FSA also reveled that Simon Prior Palmer will advise on the investment banking sector.

He has more than 30 years experience in investment banking at Credit Suisse, formerly Credit Suisse First Boston, and JP Morgan. He led investment banking in the UK at Credit Suisse from 1988 to 1998.

Hector Sants, chief executive officer of the FSA, says: “I am delighted to announce the appointment of Simon and Robert as senior advisors to the FSA. They both have considerable experience to bring to bear on the regulatory changes and issues that we face in our work.

Senior advisors are a core part of the FSA’s delivery of intensive supervision. The team provides experience on regulatory, market and consumer matters.”

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  • Damien Brassneck 6th December 2010 at 12:37 pm

    Brilliant! we can all sleep soundly now in the knowledge that these Senior Risk Advisers who failed to see the credit crunch coming are ensconsed in our Regulator.

    Jobs for the boys…