Another FCA retail director quits

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The Financial Conduct Authority has lost another senior member of its retail team with acting director of retail banking Julia Dunn quitting the regulator for a role with Nationwide.

Nationwide, the UK’s biggest building society, has appointed Dunn as its chief compliance officer. She will take up the role in September.

Dunn has been with the regulator since 2000 and has held a number of roles including head of retail enforcement, and head of banking and mortgages, where she held overall responsibility for supervising building societies, medium-sized retail banks and mortgage lenders.

Dunn is the latest retail director to leave the FCA, after it emerged earlier this week that acting director of retail Christina Sinclair was joining Barclays.

Sinclair will take up the role of global head of compliance for wealth and investment management at the bank in October.