GAM recruits head of compliance from FCA

Newly created role

GAM has hired the FCA's Natalie Baylis as head of compliance while the firm's general counsel Dirk Spiegel is leaving "to pursue other opportunities".

Baylis will join the firm in June in the newly created role and will become a member of the firm's management board, subject to regulatory approval. At the Financial Conduct Authority (FCA), she was chief counsel for markets, wholesale, funds and prudential regulation for five years. Baylis started her career at the FCA in 2006 in its general counsel division, working on a variety of regulatory issues. GAM's chief executive Alexander Friedman commented: "The newly created role of the group head of compliance underlines the importance of this function to the group, and Natalie's ext...