09 March 2011
The Future Competitiveness of the City of London
Speaker: Chris Cummings, CEO, TheCityUK
TheCityUK was established in 2010 and brings together the two former bodies of International Financial Services London (IFSL) and the UKTI's Financial Services Sector Advisory Board (FSSAB). TheCityUK has the objectives to support the UK financial and professional services sectors:
overseas - by promoting the UK in overseas markets as a world-class centre for financial services;
at home - by building a deeper pool of support for the financial services industry and its contribution to the wider economy and society as a whole; and
in regulation and market access negotiations - by providing a voice for the sector and working to improve access to overseas markets for UK firms.
It is an independent body, established with the support of the City of London Corporation and in consultation with government and industry.
Chris Cummings took up the post of Chief Executive of TheCityUK in September 2010. TheCityUK is an independent, national membership body which was recently formed to promote the UK financial and related professional services industry and deliver a sustainable and successful industry at the heart of UK plc.
Prior to this, Chris was the Director General of the Association of Independent Financial Advisers which represents over 80% of the advisory profession with members across the investment, savings, mortgage, loans and protection markets. Chris was the founder Director of the Association of Mortgage Intermediaries and launched the Association of Finance Brokers.
Prior to joining AIFA, Chris spent the majority of his career in management consulting working at PwC and Mercer Management Consulting. He advised clients across the financial services spectrum and various government departments. He also spent time in banking and insurance with Sun Bank and PPP Healthcare.
He advises the Treasury on financial services, has written two books on financial services regulation, and is a regular columnist, commentator, and speaker on financial and regulatory issues.