23 Facts About Hector Sants

Sir Hector William Hepburn Sants was born on 15 December 1955 and is a British investment banker.

Hector Sants was appointed chief executive officer of the Financial Services Authority in July 2007 and stepped down in June 2012.

Hector Sants took up a new position with Barclays Bank at the end of January 2013, but resigned from the bank on 13 November 2013.

Hector Sants was educated at Clifton College and Corpus Christi College, Oxford.

In January 1988, Hector Sants returned to London where he became responsible for the worldwide coordination of research for the UBS investment banking operation.

In 1994, with the formation of the Global Equity Management Committee of which Hector Sants was a founding member, he took collective responsibility for UBS's worldwide equity operations.

In March 1998, as a result of the merger of UBS with Swiss Bank Corporation, Hector Sants became Joint Head of European Equities at investment bank Warburg Dillon Read, which itself had been created by SBC in 1997 as a result of acquisitions and mergers.

In October 2000, DLJ merged with Credit Suisse First Boston, and Hector Sants became a vice chairman with responsibility for the equity businesses outside of the US.

In May 2004, Hector Sants joined the Financial Services Authority as the managing director responsible for Wholesale and Institutional Markets.

Hector Sants was appointed FSA Chief Executive in July 2007.

In December 2008, Hector Sants appeared before a Treasury Select Committee inquiry about the FSA.

In December 2012, it was announced that Hector Sants would take up the position of Head of Compliance and Government and Regulatory Relations with Barclays Bank from January 2013.

In September 2012, Hector Sants had released correspondence with Barclays to Andrew Tyrie MP, chairman of the Treasury Select Committee, in which Hector Sants had raised profound concerns about the culture and governance arrangements at Barclays when Bob Diamond was appointed as the bank's chief executive in 2010.

Antony Jenkins, who replaced Diamond as Barclays CEO, was keen to recruit Hector Sants to bolster the status of Barclays' compliance and regulatory oversight functions and make it integral to the way the bank operates.

On 15 October 2013, Barclays announced that Hector Sants was taking three months' sick leave as he was suffering from "exhaustion and stress", and he resigned from the bank on 13 November 2013.

In July 2015, Sir Hector Sants joined Oliver Wyman, the international management consulting firm, as a Partner and Vice Chairman.

In November 2015, Hector Sants led a review for the British Bankers Association into the competitiveness of the UK banking industry.

In September 2016, Sir Hector Sants co-led a research commissioned by TheCityUK on the potential impact of Brexit on the financial sector.

Concurrently with his main career, Hector Sants has held non-executive directorships at organisations including the Securities and Futures Authority, the London Stock Exchange and LCH.

Hector Sants has served on the Practitioners Panel of the FSA, the Securities and Investments Board, the initial committee to start up CREST, the Financial Law Panel, the Practitioner Investment Advisory Committee to the Public Trustee Office and the LIBA Chairman's Committee.

On 1 January 2022 Hector Sants took up the role of Chair of the Oxford Diocesan Board of Finance, the governing body of the finances of the Church of England's Diocese of Oxford.

Hector Sants was knighted for services to financial services and regulation in the 2013 New Year Honours.

Sir Hector Sants is a Bynum Tudor Visiting Fellow at Kellogg College, Oxford.