ICI Global Hires Giles Swan as Director of Global Funds Policy

London. November 17, 2011 - ICI Global, the recently launched global trade body for the fund management industry, announced that Giles Swan will be joining the organisation as Director of Global Funds Policy. Swan comes to ICI Global from the Financial Services Authority (FSA), where he was a technical specialist on the collective investment schemes policy team. He will report to Dan Waters, Managing Director of ICI Global.

“ICI Global is gearing up to engage with the critical global fund issues of the day,” said Waters. “Giles’s expertise and experience, and his excellent relationships with the fund management industry and regulatory policy makers will be a great addition to the ICI Global team.”

Swan led negotiations for the FSA in the Council of Ministers and the European Parliament on the Alternative Investment Fund Managers Directive (alongside HM Treasury), since the Directive’s original publication. He has chaired one of the four ESMA Task Forces developing the implementing measures under the Directive and represented the FSA in ESMA’s Investment Management Standing Committee.

Swan joined the FSA in May 2005, initially supervising asset management firms before taking on additional responsibility for the prudential supervision of a major life insurance group's Asian, US, and European businesses. Before joining the FSA, Swan performed a number of roles in the European mutual sector, including in sales, training and competency, and audit and compliance, including the introduction of mortgage and general insurance regulation.

Swan holds a BA, first class, from London Guildhall University and an MSc in Finance and Investment from CASS Business School.

Swan will begin work for ICI Global in January 2012.

About ICI Global

ICI Global is a global voice of the fund industry, focused exclusively on the perspective of globally active funds. It seeks to advance the common interests and promote public understanding of global investment funds, their managers, and investors. ICI global serves a membership consisting of regulated funds publicly offered to investors in leading jurisdictions worldwide. For more information, visit www.iciglobal.org.