Former chief executive of the Competition Commission David Saunders has joined the regulator along with investment banking expert Gunner Burkhart.
Mr Saunders will work with both the competition department within the FCA and the forthcoming Payment Services Regulator to support them as they promote effective competition.
He worked as a civil servant in the Department for Business, Innovation and Skills and its predecessors for over 35 years.
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Mr Saunders became the chief executive of the Competition Commission in early 2009 and retired in March 2014. He is also a special advisor at Europe Economics.
Mr Burkhart will be providing advice to the FCA on wholesale and markets issues – using his 30 years' experience in investment banking and asset management.
Most recently, Mr Burkhart was a managing director at Nomura International, responsible for senior relationship management and prime services.
Mr Burkhart spent 15 years at Goldman Sachs and was managing director, co-head of the European equities business. In 2001, he joined Deutsche Asset Management on the executive committee as global head of trading and broker relationship management, before later joining Lehman Brothers in 2004 as managing director of senior relationship management in Europe.
Martin Wheatley, chief executive of the FCA, said: "Both David and Gunner come with impressive experience in their respective areas, which will be a valuable resource for the teams as they look at competition and wholesale issues. I'm delighted to have them on-board."