Financial Conduct Authority (FCA) – The UK regulator has hired
Sacha Sadan, most recently director of stewardship at
Legal & General Investment Management, as director of environmental, social and governance, a new role.
The FCA said he would develop and advocate for the FCA’s approach to sustainable finance both in the UK and internationally. He will also lead the development of policy to help ensure the long-term safety and soundness of firms, the proper functioning of markets, and consumer protection.
“The FCA is rightly seen as an international leader on the role financial regulation should play in delivering a more sustainable and greener future,” said Nikhil Rathi, chief executive officer of the FCA. “We welcome the recent addition to our remit of a requirement to have regard to the UK target of net zero carbon emissions. I am delighted to have someone of Sacha’s experience and insight joining us to help us accelerate this important work.”
City Moves: Who is switching jobs in the Square Mile this week?
Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured.
In this week’s City Moves, we have a host of newly created roles making their way across the Square Mile. From chief data officers to directors of environment social and governance – the new positions mark a fresh online era, as well as the increasing focus on environment social and governance (ESG) standards and commitments as the capital reaches for net-zero.