UK financial regulator makes c-suite changes, while wealth platform names CEO
Financial Conduct Authority (FCA)
The UK financial regulator has made senior appointments to drive its transformation.
Stephanie Cohen will be the FCA’s chief operating 0fficer and Jessica Rusu will join the FCA as its first chief data, information and intelligence officer.
Cohen brings over two decades of experience in large financial services firms, including 14 years at BlackRock where she was the global chief operating officer for the active equity businesses and the alpha strategies division.
Rusu was previously a chief data officer at Chetwood Financial.
They will both join in June.
Defaqto chief executive Zahid Bilgrami steps down
By Sonia Rach 23
Defaqto chief executive Zahid Bilgrami is stepping down after almost nine years at the helm.
Bilgrami joined the firm in 2009 as chief operating officer before taking the top job in 2012.
The firm’s group of directors announced today that it has appointed John Milliken to succeed Bilgrami when he steps down at the end of March.
Milliken joins having led and scaled various fintech businesses as both chief executive and chief operating officer across several industries, including banking and payments. His most recent role was chief executive at Speechmatics, where he was responsible for implementing transformation programmes as a member of the founding team.