Barclays announced Thursday the appointment of Kirsty Everett as chief compliance officer and a member of its group executive committee, effective July 1.
Everett will succeed Matt Fitzwater, who has been operating as CCO on an interim basis. After a transition period, Fitzwater will return to Barclays legal function as group center general counsel.
Everett joins Barclays from HSBC, where she was group head of compliance. During her time at HSBC, she held several senior compliance roles, including compliance chief operating officer. She also previously served as designated CCO at UBS.
“I look forward to working closely with Kirsty as we execute on our strategy and continue to focus on delivering an excellent service for our clients and customers,” said Barclays Chief Executive C.S. Venkatakrishnan in a press release.
Fitzwater was named interim CCO in November. Barclays’s previous full-time group CCO, Laura Padovani, earlier this month joined Deutsche Bank as group CCO and head of compliance.
Barclays Bank and Barclays Capital were ordered to pay $200 million by U.S. authorities as part of a $1.8 billion enforcement sweep of financial institutions announced in September for improperly monitoring off-channel communications by employees. The bank that same month agreed to pay $361 million to resolve allegations from the Securities and Exchange Commission that it failed to implement internal controls to track the sale of unregistered securities.
Barclays is reportedly under investigation by the U.K. Financial Conduct Authority for failures in its anti-money laundering controls and procedures.
Everett began her career at Arthur Andersen and Deloitte, where she advised on financial crime, regulatory investigations, and compliance and risk transformation programs.
Her appointment is subject to regulatory approval.
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