Mark Norris is the FSA’s new chief operating officer
The Financial Services Authority (FSA) has named Mark Norris as its new chief operating officer.
He will have overall responsibility for all aspects of finance, planning, HR and project management, facilities and information systems across the whole of the FSA.
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.
Norris is a qualified accountant and member of the Institute of Chartered Accountants in England & Wales and Australia. His early career included sudit 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 He 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."
Norris will take over from David Kenmir.