Richard Monks appointed Chief Executive Officer of the
Independent Football Regulator.
- Monks brings nearly 20 years' financial and regulatory
experience to CEO role
Independent Football Regulator (IFR) Chair David Kogan has today
appointed Richard Monks as the organisation's Chief Executive
Officer.
As the IFR's first executive appointment, Monks brings nearly 20
years' experience in the financial regulation sector.
Most recently, Monks was a Partner at EY, one of the City's ‘Big
Four' professional services and accounting firms. While at EY,
Monks was responsible for advising regulators on
Government's growth objective and financial services clients on
regulatory implementation.
IFR Chair David Kogan said:
Richard brings extensive financial and regulatory clout to the
IFR, providing balance and insight to our senior leadership team.
We are drawing on a wide range of knowledge from the worlds of
regulation and football and Richard will build on this as he
develops our executive and regulatory skills.
This appointment demonstrates the IFR is hitting the ground
running.
Monks previously worked at the Financial Conduct Authority and
its predecessor, the Financial Services Authority. There he held
several senior positions in strategy, policy and supervisory
roles, including Director of Strategy for the FCA, where he was
responsible for leading on market-wide analysis, Brexit
implementation and design of new financial regimes for investment
firms. He also created the FCA's Senior Managers and
Certification Regime.
Monks previously provided advice to the Department for Culture,
Media and Sport for its work in response to the Fan Led Review of
Football Governance, including design of the financial regime
which underpins the Football Governance Act.
His appointment will complement the extensive football industry
and broadcast media experience brought to the organisation by
Chair David Kogan.
IFR CEO Richard Monks said:
I am delighted to be appointed CEO of the IFR. My full focus will
be on building the organisation and regulatory regime that
delivers the right result for the football pyramid and its
millions of fans, and supporting clubs throughout the
process.”
Monks' appointment will accelerate key organisational and
operational decision-making as the body prepares to regulate
the football industry.
In the coming weeks and months, the IFR will launch further
public consultations on its policies, rules, and guidance, to
gather industry feedback and familiarise industry with its
provisions as set out in the Football Governance Act.
