Broadstone, a leading, independent UK consultancy delivering expert advice to banks, lenders, employers, insurers and pension scheme trustees, announces the appointment of Damien Burke as Head of Regulatory Practice effective as of today.

Damien has over 25 years of experience working in banking and lending with specialisms covering credit risk analytics, compliance, and regulatory responsiveness within the banking sector. He has particular technical expertise in IFRS 9, Basel Capital Calculations and roles at SMF 1 and SMF 3 and has developed strategy and frameworks addressing governance, internal controls, and policy development. 

Damien joins Broadstone from his most recent roles as Partner and Head of Regulatory Practice at 4most between 2015 and 2021, before taking on the role of Chief Executive Officer at Custom Credit until May this year.

The appointment builds upon Broadstone’s existing consultancy services in banking and lending where it has provided credit risk and analytics support to clients ranging from top tier banks to high growth fintech lenders. 

Richard Pinch, Senior Director at Broadstone, commented:

“I am delighted that Damien has joined Broadstone to support our ambitious growth aims in the financial services sector. Demand for expert, independent advice is growing as banks and lenders navigate an increasingly complex regulatory landscape and heightened supervisory expectations on risk modelling, governance and consumer outcomes.”

Damien Burke, Head of Regulatory Practice at Broadstone, said:

“It’s an exciting time to join Broadstone. It has a rapidly growing footprint and reputation in credit risk and regulatory analytics so I am pleased to bring my leadership and expertise in this market to advance its strategic objectives. By expanding and augmenting our capabilities we can help clients use analytics to drive better outcomes for customers, and enhance decision-making, resilience and long-term value for shareholders.”