FCA poaches LGIM compliance head to oversee asset managers

The Financial Conduct Authority has poached Legal & General Investment management’s global chief compliance officer for a new role overseeing the asset management sector.

Camille Blackburn will join in October as director of wholesale buy-side, and will take charge of policy and supervision for fund managers, alternative investments, custody banks and investment research.

The appointment of Blackburn, who was formally Aviva Investors’ chief compliance officer, comes as the regulator tries to bolster its top ranks covering the sector after losing head of asset management Nick Miller to ratings agency Moody’s earlier this year.

The regulator is also looking to burnish its crypto credentials as calls for tougher oversight of the sector continue. National Crime Agency director Matthew Long will also join the FCA in October as director of payments and digital assets, another new role overseeing the e-money, payment and cryptoasset markets.

Four other new directors have also been appointed in the FCA’s latest hiring round, with former City of London Police economic crime coordinator Karen Baxter joining as director of strategy and policy for international and intelligence alongside three internal promotions.

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