FCA retail director joins Barclays

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Financial Conduct Authority acting director of retail Christina Sinclair has left the regulator to join Barclays Bank.

Sky News reports that Sinclair has quit the FCA to take up the role of global head of compliance for wealth and investment management at Barclays.

Sinclair was involved in the regulator’s campaigns to secure redress for missold payment protection insurance and interest rate swaps.

In an announcement about Sinclair’s departure, seen by Sky News, FCA director of supervision Clive Adamson said: “Christina will be missed, but I am very pleased about her new role and know she will be a strong advocate for promoting the consumer agenda.

She will join Barclays in October, and will be replaced at the FCA by special adviser in the supervision team Andrew Giles.

Sinclair joins former FSA chief executive Sir Hector Sants, who joined Barclays in February as head of compliance and Government and regulatory relations.