November 9, 2016
Alvarez & Marsal Hires Former FCA Director David Lawton
London – Leading global professional services firm Alvarez & Marsal (A&M), today announces the appointment of David Lawton as a Managing Director and co-head of its UK Regulatory Advisory practice, based in London. Mr Lawton joins from the Financial Conduct Authority (FCA) where he was Director of the Markets Policy and International Division.
This appointment is the latest in a series of senior hires for A&M’s UK regulatory team, in response to increased demand for specialist advisory services from financial services clients’ need to fundamentally transform their business models in response to regulatory requirements.
Mr Lawton will join Paul Sharma, co-head of A&M’s UK Regulatory Advisory practice and former Deputy Head of the Prudential Regulatory Authority (PRA), Jeremy Heales, a Managing Director in the same practice and former Head of Retail Banks at the FCA, and Cyrus Ardalan, a Senior Advisor and Chairman of A&M’s Financial Industry Advisory Services Advisory Board and former Vice Chairman of Barclays.
Peter Briggs, Global Practice Leader of A&M’s Financial Industry Advisory Services business said: “By combining authoritative regulatory expertise with experienced operating bank management, A&M offers financial institutions a unique, and independent, set of consulting services clearly differentiated from those available from the ‘Big 4’ accounting firms or major strategy houses. The addition of David Lawton, a recognised thought leader in this field, marks another important milestone as A&M continues to expand its’ Regulatory Advisory capabilities, both geographically and by its breadth of expertise.”
Paul Sharma said: “David’s experience over three decades, including senior leadership roles at the Financial Conduct Authority, the European Securities and Markets Authority and HM Treasury, equip him extremely well to help our clients in the UK and EU to meet the challenge of more intense markets and conduct regulation now coming from UK and EU regulators.”
David Lawton added: “Regulators are demanding greater resilience, more transparency and better behaviour in financial markets. I very much look forward to helping our clients meet these challenges.”
Mr Lawton’s 30 years’ experience spans the FCA, the Financial Services Authority (the predecessor body to the FCA) and HM Treasury. His previous roles include Director of Markets and most recently Director of Markets Policy and International, in which he was responsible for the FCA’s markets and wholesale conduct policy. He also led the FCA’s European and International strategy, chairing several prominent international committees and representing the FCA at the European Securities and Markets Authority (ESMA) Board of Supervisors.
Prior to joining the FSA, Mr Lawton spent nearly two decades at HM Treasury, latterly as Head of Capital Markets and Governance.
About Alvarez & Marsal
Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) when conventional approaches are not enough to activate change.
Privately-held since 1983, A&M is a leading global professional services firm that delivers performance improvement, turnaround management and business advisory services to organizations seeking to transform operations, catapult growth and accelerate results through decisive action. Our senior professionals are experienced operators, world-class consultants and industry veterans who draw upon the firm's restructuring heritage to help leaders turn change into a strategic business asset, manage risk and unlock value at every stage.
When action matters, find us at alvarezandmarsal.com.
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Sandra Sokoloff, Director of Global Public Relations, Alvarez & Marsal,
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