PracticePeople In PracticeKPMG recuits former FSA board member

KPMG recuits former FSA board member

Financial Services Authority former managing director of supervision Jon Pain joins KPMG as partner

THE FINANCIAL SERVICES AUTHORITY’S (FSA) former managing director of supervision Jon Pain joins KPMG as a partner.

He started at the FSA in 2008 and is expected to begin at the firm in July, working in its Financial Services division.

At the regulator Pain was the senior manager responsible for supervising the UK’s banks, insurance group’s and other financial service organisations such as mortgage brokers. He sat on the FSA board and was previously chairman of the Council of Mortgage lenders for two years in 2006.

Prior to his role at the government body, Pain was managing director of Cheltenham & Gloucester and spent more than 25 years at Lloyds Banking in a variety of senior roles.

Bill Michael, UK head of financial services at KPMG, said: “We are delighted to have someone of Jon’s experience and calibre joining our practice.

“As a senior figure at the FSA who has been deeply involved with major regulatory changes and innovations, and through his various industry roles including MD of Cheltenham & Gloucester, he has acquired a truly extensive knowledge of the financial services regulatory landscape – from both sides of the fence. “

Related Articles

KPMG makes UK head of automotive appointment

Big Four KPMG makes UK head of automotive appointment

2m Emma Smith, Managing Editor
KPMG hires new head of international tax

People In Practice KPMG hires new head of international tax

2m Emma Smith, Managing Editor
Which Big Four firms are the best employers in the UK?

Accounting Firms Which Big Four firms are the best employers in the UK?

1y Fraser Simpson, Reporter
KPMG strengthens private client team with ex-Deloitte adviser scoop

Accounting Firms KPMG strengthens private client team with ex-Deloitte adviser scoop

1y Fraser Simpson, Reporter
PwC questioned over BHS ‘going concern’ audit

Accounting Firms PwC questioned over BHS ‘going concern’ audit

2y Chris Warmoll, Writer
MPs hear from trio of Big Four firms over BHS advice

Accounting Firms MPs hear from trio of Big Four firms over BHS advice

2y Chris Warmoll, Writer
Five more women added in gender discrimination lawsuit against KPMG US

Accounting Firms Five more women added in gender discrimination lawsuit against KPMG US

2y Fraser Simpson, Reporter
AAYP 2016: Five key skills auditors will need in the future

Accounting Standards AAYP 2016: Five key skills auditors will need in the future

2y Acccountancy Age