Sheldon Mills
 | This biographical article is written like a résumé. (October 2020) |
Sheldon Mills (born 5 June 1976) is the executive director, consumers and competition at the Financial Conduct Authority.[1][2] He had previously been a senior director at the Competition and Markets Authority. He chairs the board of trustees of Stonewall.
Early life and education
[edit]Mills was born on 5 June 1976 and grew up in Ely, Cardiff, Wales.[3][4] At secondary school he decided to study law at university after looking through prospectuses in the school library. His school was generally supportive and discouragement by one teacher made him more determined. He studied law at King's College, London as both an undergraduate and postgraduate. He qualified as a solicitor.[2]
Career
[edit]He worked initially at the legal firms King & Wood Mallesons and Jones Day specialising in antitrust and competition law. He then joined the Competition and Markets Authority as senior director for mergers, and later in designing and implementing the new UK State Aid regime.[2][5]
Mills moved to the Financial Conduct Authority in November 2018 as director of competition with responsibilities around competition in the financial industry and anti-competitive behaviour. He supported development of open banking systems for companies to share information about customers to provide more access to financial advice with the objective of increasing competition and innovation.[6] He became interim executive director of strategy and competition and a member of the agency's executive committee in March 2020 [7] In December 2020 he became the executive director, consumers and competition.[1]
Other roles
[edit]In January 2013, Mills joined the board of trustees of Stonewall, the largest British organisation claiming to support LGBT rights, and was involved in the decision of the charity to become a trans-inclusive organisation in 2015. He also supported Stonewall's partnership with UK Black Pride. In April 2020 he became the chair of the charity's board and its longest-standing trustee.[2][8][9]
References
[edit]- ^ a b Lloyd, Michael. "City regulator promotes Sheldon Mills to new executive role". Peer2Peer Finance News. Retrieved 21 January 2021.
- ^ a b c d Williams, Kathryn (26 October 2020). "The black top lawyer who was told by teachers he would never achieve his dream of going to university". Wales Online. Retrieved 28 October 2020.
- ^ Treanor, Jill (27 July 2024). "My teachers didn't expect much from me. Now I'm at the top of the FCA". The Sunday Times.
- ^ "The Speakeasier with Sheldon Mills: Where are all the black leaders?". The Speakeasier. 22 July 2020. Retrieved 28 October 2020.
- ^ "Black and Welsh: The assumptions and questions people face". BBC News. 26 October 2020. Retrieved 28 October 2020.
- ^ Constantinovici, Andra. "Interview with the FCA on open banking, PSD2 compliance and the opportunities for banks". The Paypers. Retrieved 28 October 2020.
- ^ "FCA appoints interim replacement for Woolard". FTAdviser. Retrieved 28 October 2020.
- ^ "Sheldon Mills". Stonewall. 29 April 2020. Retrieved 28 October 2020.
- ^ "Stonewall announces new chair of trustees". Charity Today. 29 April 2020. Retrieved 28 October 2020.