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FCA hires two senior advisers
23 April 2014
Appointees to focus on competition, investment banking
The UK Financial Conduct Authority (FCA) has appointed David
Saunders and Gunner Burkhart as senior advisers.
Formerly chief executive of the Competition Commission (CC),
Saunders will work with both the competition department within
the FCA and the forthcoming Payment Services Regulator to
support them as they promote effective competition.
He will also work with other business areas to ensure
competition issues are addressed, for example in the course of
David Saunders has worked for over 35 years as a civil servant
in the Department for Business, Innovation and Skills (BIS) and
its predecessors. He has experience of business sponsorship,
privatisation, export support and regulation and was head of
consumer and competition policy at BIS for four years, which
included responsibility for consumer credit policy, before
becoming the chief executive of the CC in early 2009. He
retired from the CC in March 2014 and is a special advisor at
Gunner Burkhart has held a number of senior management and
leadership roles throughout his career. Originally based in New
York, he moved to London in 1989 and has been managing global
businesses from London since then.
Burkhart will prpvide advice to the FCA on wholesale and
markets issues. He has over 30 years' experience in investment
banking and asset management and was most recently a managing
director at Nomura International, responsible for senior
relationship management and prime services.