FSA's Leaman to swap RDR for RBS

Katherine Leaman, manager of the FSA's professional standards policy team, will leave the regulator and head to the private sector with a job at Royal Bank of Scotland.

The FSA said Leaman is currently one of 20 people on the RDR and professionalism team at the regulator.

Leaman joined the department about two years ago, and was not part of the original team which laid the foundations of the RDR.

However she has since been a vocal proponenet of the FSA's drive to improve professionalism in the financial services industry.

Leaman is the latest high profile exit at the regulator, which is struggling to keep staff ahead of its break up, due to be implemented over the next two years.

Jon Pain, head of supervision, managing director of risk, Sally Dewar, and director of conduct risk and asset management sector leader, Dan Waters, have all announced they are leaving the organisation.

In December the FSA was forced to admit it lost 96 staff in the third quarter of 2010 alone, after former Labour financial services secretary Paul Myners questioned HM Treasury about a flurry of recent exits from the regulator.