In a strategic appointment that underscores its commitment to excellence and growth in the financial services sector, fscom has announced David Coolegem as the new Head of Capital Markets. This move signals a significant step for fscom as it continues to provide top-tier governance, risk, and compliance solutions across the UK and Europe.
A Seasoned Expert Takes Charge
David Coolegem steps into his new role with a formidable background in regulatory compliance consulting. His expertise, honed through years of close work with both the Prudential Regulatory Authority and the Financial Conduct Authority, positions him as a key player in navigating the complex landscape of capital markets regulation.
Coolegem’s career trajectory is marked by notable leadership roles, including his tenure as Head of Banking & Financial Services GRC Advisory at Cognizant. His deep understanding of the sector is complemented by practical experience, having served as a Fixed Income Sales/Trader at Lehman Brothers.
The breadth of his experience covers a wide range of financial institutions, from investment banks to brokerages, giving him a panoramic view of the industry’s needs and challenges. His appointment is expected to drive fscom’s growth in service offerings, particularly in areas such as MiFID II, Operational Resilience, and AML/KYC.
fscom’s Growth Trajectory
Under Coolegem’s leadership, fscom is poised to expand its influence in the capital markets sector. His appointment comes at a time when the industry faces evolving regulatory requirements, such as the EMIR Refit Rules and the potential shortening of settlement timeframes.
Jamie Cooke, CEO of FSCom Limited, expressed confidence in Coolegem’s ability to contribute to the team’s deep domain expertise. He anticipates that Coolegem’s wealth of experience and knowledge will be invaluable to fscom’s clients, particularly during this period of regulatory evolution.
Looking Ahead: Innovations and Challenges
As the financial landscape continues to shift, Coolegem’s role will involve not only steering fscom through these changes but also ensuring that the firm remains at the forefront of innovation. His vision for the capital markets practice involves leveraging his extensive experience to enhance fscom’s regulatory change capabilities and ‘Regulation as a Service’ offerings.
Coolegem himself is enthusiastic about the opportunity to join fscom at such a pivotal time. He is committed to working alongside the world-class financial institutions that make up fscom’s portfolio and supporting the leadership team in capitalizing on the business’s expansion opportunities.
