Mark Manning, technical specialist for sustainable finance and stewardship at the Financial Conduct Authority (FCA), has announced he is leaving the regulator to set up an advisory business.
In a LinkedIn post, Manning (pictured) said he was “moving forward” at the end of the year with the launch of New Paradigm Advisory, a company “dedicated to helping regulators, policy makers, standard setters, NGOs and academics achieving the fundamental transformation of business and finance that we urgently need to secure a sustainable future.”
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He will continue to work with the FCA in an advisory role and said he will remain “actively involved” in initiatives such as the Transition Plan Taskforce.
Manning, together with colleagues Sacha Sadan, director of ESG, and Alicia Kedzierski, head of ESG and D&I, have been consulting the investment industry in recent years on the best way forward for labeling and disclosing funds. The results of the Sustainability Disclosure Requirements (SDR) are expected to be published in the fourth quarter of this year.
“A big shout-out for that Sacha Sadan, Alicia Kedzierski and colleagues in the FCA’s incredible ESG division. I think we’ve built something special. Thank you for the journey so far and for supporting me in this career transition,” Manning said in his message.
He has worked at the FCA since 2018 and at the sustainable finance division since 2019. He previously worked at Euroclear, Bank of England, IOSCO and Reserve Bank of Australia.
ESG clarity has contacted the FCA for comment.