Panel members

Membership of the FCA Practitioner Panel is constructed to represent the various sectors within which regulated financial businesses operate.

Members are formally appointed by the FCA Board and the Chair must also have the formal approval of the Treasury. The FCA has adopted diversity targets for its independent panels reflecting those it introduced in April 2022 for the board and executive management of listed companies.

The Panel aims to rotate its membership as well as its Chair to ensure a balance between consistency and new input.

Matt Hammerstein (Panel Chair) -

Chief Executive, UK Corporate Bank, Barclays

Background

Matt Hammerstein is the CEO for the UK Corporate Bank and Head of Public Policy & Corporate Responsibility at Barclays.

Prior to this Matt was the CEO for Barclays Bank UK, covering Retail Banking, Business Banking and Barclaycard UK. He was the former Head of Retail Lending, covering both the secured and unsecured lending businesses.

Matt joined Barclays in 2004 as Director of Group Strategy, later progressing to become the Group Chief of Staff; a key strategic role in which he provided vital support to the Group CEO during the financial crisis. Matt went on to manage Barclays Group Corporate Strategy and Corporate Relations, Barclays Customer and Client Experience in Retail and Business Banking and Barclays UK Retail Products and Segments.

Before Joining Barclays, Matt was a Senior Management Consultant at Marakon Associates where he worked for 12 years in the financial services, consumer products and energy sectors within the Americas and Europe.

Matt graduated with a degree in Mechanical Engineering from Yale University, and an MBA from the University of Chicago.

Matt is a member of the Group Executive Committee and Charities Aid Foundation America Board. Matt is also an active ambassador in Barclays for inclusion, wellbeing and anything that makes the workplace more fun.

Chirantan Barua -

Chief Executive, Scottish Widows and CEO, Insurance, Pensions & Investments Lloyds Banking Group

Background

Chira joined Lloyds Banking Group in May 2023, as CEO, Scottish Widows and CEO, Insurance, Pensions & Investments, helping over 10 million customers to plan for unexpected events in life, save for their futures and enjoy retirement.

Prior to joining the Group, Chira was Global Head of Strategy at HSBC. Chira has extensive experience in financial services having worked as a partner at Mckinsey & Company and Managing Director at Sanford C. Bernstein. Earlier in his career, he held strategy, management and operational roles at Standard Chartered and Citigroup in India.

José Carvalho -

CEO Wealth & Personal Banking for HSBC UK

José Carvalho is the CEO of Wealth & Personal Banking for HSBC UK. This includes responsibility for HSBC UK Retail & Wealth Management businesses, UK Private Bank, first direct, and M&S Bank. José has over 25 years’ experience in financial services, operating in large global consumer businesses in the UK, Europe, Asia Pacific, Latin America, Middle East and Africa.

Prior to joining HSBC, José led the Barclays Consumer Product business with accountability for also leading deep technology changes in the bank’s infrastructure. This followed his role as the Barclays Head of Unsecured Lending (including Barclaycard), and key executive roles in Payments, Lending & Partnerships for American Express, in both the Consumer, SME and Corporate lines of business, across 40+ countries. Prior to that José had several Finance, Product, Marketing and Commercialisation roles at Lloyds Bank (UK), C&A Bank (Brazil) and CCF Bank (Brazil).

José has an Engineering degree from Escola Politécnica in Brazil and holds an MBA from the Kellogg School of Management, Northwestern University in the USA.

Paul Geddes -

CEO, Evelyn Partners

Paul Geddes joined Evelyn Partners in July 2023 and was appointed as Chief Executive Officer on 6 October 2023.

He was previously CEO of QA Group, a leading provider of higher education and workforce learning programmes and services. Prior to that, Paul spent ten years as CEO of Direct Line, the FTSE 250 insurance group. Having been CEO of the insurance division of the Royal Bank of Scotland, which included the Direct Line, Churchill, Privilege, Green Flag and NIG brands, he was responsible for splitting the division off from the bank and leading the successful IPO of Direct Line Group. During this time, Paul represented General Insurance on the FSA/FCA Practitioner Panel and was also Deputy Chairman of the ABI.

He was also CEO of RBS' Retail Bank in the UK Mainland, including NatWest, and a member of the RBS Group Executive Committee. Before joining RBS, he held a number of marketing roles with well-known retail brands. Paul graduated from Oxford.

Paul is currently a Director on the Board of the Investment Association and a Trustee for the Teach First charity.

Alasdair Haynes -

CEO, Aquis Exchange PLC

Background

Alasdair Haynes is a financial services innovator and disrupter. He is the founder and CEO of Aquis Exchange PLC, a stock exchange challenger. Prior to establishing Aquis, Alasdair was CEO of Chi-X Europe (now Cboe), which was the first successful entity to break up the monopoly of the national exchanges, and before that CEO of ITG International (now Virtu), where he introduced the concept of dark pools into Europe. Alasdair began his 30 plus-year career in the City with Morgan Grenfell and has held senior positions at a number of investment banks, including HSBC and UBS. In addition to running Aquis, Alasdair is the Chairman of the CityUK’s new business council.

Nasreen Kasenally -

Chief Executive Officer, UBS Asset Management (UK) Ltd

Background

Nasreen Kasenally was appointed Global Chief Operating Officer for UBS Asset Management (AM) in May 2023. She is responsible for all business support functions for the division, encompassing Operating, Accounting & Control, the Chief Data Office, AM’s Transformation and Change portfolio, Business Risk Management and AM Tax, as well as those provided by UBS’s Group Functions, such as AM CDIO. She is Chair of the UBS Asset Management Operating Forum.

In addition to her role as COO, Nasreen was appointed Country Head AM UK in May 2023, responsible for overseeing all AM business conducted in the UK and promoting cross-business collaboration in the location. She was approved as SMF1 Chief Executive and SMF3 Executive Director of UBS Asset Management (UK) Ltd on 13 September 2023.

Previously, Nasreen held senior Risk roles across the firm both in the US and the UK. Most recently, she was the Chief Risk Officer for UBS Asset Management from January 2017, overseeing financial risks across active and passive funds, multi-asset, hedge funds, real estate, private equity and infrastructure, and held the additional posts of CRO for the UBS Group EMEA region and for Group Sustainability.

Nasreen has been a member of the UBS Asset Management Management Team since 2017 and a member of the UBS Asset Management AG Board of Directors for the past five years.

Nasreen is an active champion of Diversity, Equity & Inclusion at UBS, with external interests in mentoring female social entrepreneurs tackling microfinance in developing countries.

Steven Levin -

Chief Executive Officer, Quilter plc

Steven has over 25 years’ experience in financial services across multiple countries. He was appointed Group Chief Executive Officer of Quilter plc in November 2022. Prior to this he was Chief Executive of Quilter’s platform and asset management businesses. He started his career in asset management working on the buy side. He also has extensive experience in product and proposition development and large-scale transformation programmes. Steven is a Member of the Investment Association Advisory Council and Chair of the Quilter Foundation.

Richard Oldfield -

Group Chief Executive, Schroders

Appointed as Group Chief Executive on 8 November 2024, having joined Schroders in October 2023 as a Director and Chief Financial Officer.

He is a chartered accountant and was Network Vice Chairman and Global Markets Leader at PricewaterhouseCoopers (PwC) until October 2023 where he led all market-facing activities, initiatives, and strategy. Prior to this he was a member of PwC’s UK Executive Board for five years during which he was Head of Clients and Markets and latterly Head of Strategy and Communications. He also led the UK firm's Banking and Capital Markets Assurance practice and was part of the Assurance Leadership team. His experience includes time spent working across Africa, Europe, Asia and North America.

Trustee and Audit Committee and Chair of The Duke of Edinburgh International Award Foundation.

Paul Stockton -

Group Chief Executive, Rathbones

Background

Paul became Chief Executive of Rathbone Brothers Plc in May 2019. Prior to this, he was group finance director from 2008 to 2018 and Managing Director of Rathbone Investment Management from May 2018.

He qualified as a chartered accountant with PriceWaterhouse in 1992. In 1999 he joined Old Mutual Plc as group financial controller, becoming director of finance in 2001 and finance director of Gerrard Limited eight months later. Two years after the sale of Gerrard in 2005 he left to work initially for Euroclear and, subsequently, as a divisional finance director of the Phoenix Group. He was formerly a non-executive director of the Financial Services Compensation Scheme.

Pete Wickes -

General Manager EMEA, Worldpay

In his role as General Manager for EMEA and Chairman of the UK Board, Pete is responsible for leading Worldpay’s work with some of the world’s largest and best-known brands, enabling them to take reliable and secure payments in store and online, whilst also helping them grow by entering new markets and innovate to serve their customers in new ways. Pete joined Worldpay in 2011 and has deep knowledge of the global payments landscape, with over 30 years of commercial experience within the finance and payments industry, having also held senior roles at Lloyds Banking Group and Barclays. He is committed to fostering an inclusive and diverse team and is a valued coach and mentor in the industry, sitting on the UAE board and Director of several Worldpay’s European entities.