Fairstone has appointed Tom Taylor as Chief Risk Officer and Grahame Hinselwood as Head of Compliance.
Taylor starts in May 2018 and will also join the Fairstone Group board of directors. He has almost 30 years of extensive experience in risk and regulatory control across the retail distribution space within the financial services industry, having held senior risk roles within global leaders such as Marsh, Ageas, KPMG and EY.
At Fairstone he will manage the firm’s regulatory strategy and policy alongside the group’s compliance and risk framework.
Hinselwood starts in April 2018 and his experience includes 12 years with the Financial Conduct Authority and latterly three years as a senior consultant for Three Sixty.
Fairstone Chief Executive Lee Hartley said: “We are delighted to welcome both Tom and Grahame to the team. They are both proven leaders in their field and bring with them a wealth of experience that will be of great benefit for the future growth of the company. These appointments demonstrate our continued investment into our risk and regulatory function and further reinforces Fairstone’s commitment to becoming a primary player in the wealth management sector.”
Taylor added: “As part of the executive team to oversee the sale of Jelf to Marsh and the subsequent integration, I was looking for a strategic leadership role within a strong and ambitious business. I had heard fantastic things about Fairstone and have watched the group’s accelerated growth over the last few years. I am delighted to be joining the team and look forward to the challenge of taking the helm of the risk and regulatory function within a business that has such impressive growth aspirations.”
Hinselwood said: “Most recently I have been heavily involved in supporting IFA firms to modernise their compliance infrastructure to meet the demands of the new regulatory world. I’ve also been responsible for acting on behalf of several consolidators and performing due diligence on IFA firms that are looking to sell their business. In addition to having first-hand knowledge of what the regulator would expect to see in a first-class operation, my recent experience will hopefully ensure a seamless transfer into the Fairstone management team.”