The Financial Services Authority (FSA) has announced the appointment of Mark Norris as its new chief operating officer.
As COO, Mark will have overall responsibility for all aspects of finance, planning, HR and project management, facilities and information systems across the whole of the FSA.
Mark Norris has 25 years experience in financial and professional services, most recently as COO of Credit Suisse's UK private banking business. His career includes senior roles in operations, audit and compliance, in the UK as well as Japan, Hong Kong, Australia and the USA. A qualified accountant and member of the Institute of Chartered Accountants in England & Wales and Australia, Mark’s early career included Audit Services roles at KMG Thomson McLintock and Price Waterhouse.
He joined Jardine Fleming Hong Kong in 1994, and later took up the role of COO for the Investment Bank’s Japan operation. Between 1998 and 2003 Mark worked for Deutsche Bank. He was head of operations for Deutsche Asset Management in Europe before moving to JP Morgan’s Worldwide Securities Services business in the USA subsequently taking over as head of operations Europe at the bank’s Asset Management business in London.
Hector Sants, FSA chief executive officer, said: “Mark 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.”
Mark will take over from David Kenmir.
Hector Sants said: “I want to thank David Kenmir both for his outstanding service to the FSA and to the financial services industry over 20 years. In July he announced his decision to seek fresh challenges and I am grateful that he agreed to stay with the FSA while we searched for his successor. I wish him well for the future.”