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Qatar Financial Centre Regulatory Authority Appoints George Pickering As Managing Director For Its Policy And Enforcement Division

Date 06/12/2010

The QFC Regulatory Authority has appointed George Pickering as Managing Director of its Policy and Enforcement Division. This reflects the Regulatory Authority’s ongoing commitment to recruit and retain the best regulatory talent in the financial services sector both locally and internationally.

As Managing Director for Policy and Enforcement, Mr. Pickering will be responsible for ensuring that the Regulatory Authority remains at the forefront of industry developments, responding to new initiatives from the industry and individual institutions, in addition to supervising all aspects of enforcement related activities.

Mr. Pickering’s regulatory and financial services experience spans over 30 years across Canada, the United States, Europe, and Asia. In his most recent role at the Bank of Canada, Mr Pickering established and served as head of the Fund Management and Banking Department for Bank of Canada. Prior to this position, Mr. Pickering held several key posts at the Bank for International Settlements, in Hong Kong and Basel (Switzerland) and at the International Monetary Fund in Washington DC.

Michael Ryan, Deputy CEO of the QFC Regulatory Authority, commented: “We are delighted that George is joining us as Managing Director of Policy & Enforcement. He brings considerable experience and insight to the Regulatory Authority and his contribution will be invaluable to our development of the QFC regulatory regime.”

Mr. Pickering holds a Bachelor’s degree in Commerce and a Master’s degree in Economics from Carleton University, Ottawa, Ontario (Canada).