Barclays appoints FSA's Sants as compliance chief

fsa-hector-sants

Barclays has appointed former Financial Services Authority (FSA) chief executive Hector Sants to its newly-created role of head of compliance and government and regulatory relations.

Mr Sants - who will assume the role on 21 January 2013 - stepped down from the FSA in June, the same month in which the regulator fined Barclays £59.5m for manipulating Libor rates. 

He had previously been linked with Deloitte and was reportedly in preliminary talks to join as a partner and advisor to companies in the financial sector.

At Barclays, Mr Sants will join the executive committee and report directly to group chief executive Antony Jenkins.

According to the bank, he will oversee all

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