Rick Seehra joins Bovill as Head of the Prudential practice
Rick Seehra has joined financial services regulatory consultancy Bovill as its new Head of the Prudential practice.
The new service line leader brings over ten years of experience in banking and regulation to the firm. Seehra joins Bovill from Standard Chartered Bank, where he was a Director of Recovery and Resolution planning for four and a half years, delivering the Group’s recovery plan which involved managing over 60 senior stakeholders across the business in areas such as finance, human resources and treasury.
As a Senior Manager at BDO, he provided Section 166 reviews and remediation work for UK banks and he conducted assurance reviews for challenger banks. Before that, Seehra worked in the UK Banks and Building Societies Division at the Financial Services Authority as well as the UK Banks and Mutuals Division at the Prudential Regulation Authority.
“I’m delighted to be joining the team at Bovill and take the reins of their well-established prudential practice,” said Seehra.
Ben Blackett-Ord, the CEO of Bovill added: “We are very pleased to welcome Rick to our team. Our prudential practice will be boosted by his expertise, and in particular his experience working for the regulators. His contribution will enrich our understanding of the regulator’s current expectations and help create better outcomes for our clients.”
The appointment comes at a period of major regulatory change for the financial services sector. Seehra: “And with the economic fallout of the pandemic still to be fully realised, prudential regulation is more important than ever. I look forward to helping clients understand the regulators’ perspective based on my first-hand experience.”
