Podcast: Perspectives on the future of banking – In conversation with Tracey McDermott, Group Head, Conduct, Financial Crime and Compliance at Standard Chartered

In this new episode of our podcast series, Tracey McDermott, Group Head, Conduct, Financial Crime and Compliance at Standard Chartered, talks to Sally Dewar, CEO of A&O Consulting, about the compliance function facing a major evolution in its role and responsibilities.

Tracey and Sally discuss recent events in the sector and the importance of robust regulation and strong leadership. In particular, they look at whether the resolution framework in place is working, diversity, the importance of culture, what ESG means for the compliance office and the emergence of AI.

This episode was recorded in April 2023

About Tracey McDermott

Tracey joined the Bank in 2017 and is the Head of Conduct, Financial Crime and Compliance. Prior to joining the Bank, Tracey served as Acting Chief Executive of the Financial Conduct Authority (FCA), having joined in 2001 and fulfilled numerous senior roles, including Board Member, member of the Financial Policy Committee of the Bank of England, and Non-Executive Director of the Prudential Regulatory Authority (PRA).

Previously, Tracey worked as a lawyer in private practice in the UK, US and Belgium. In 2016, Tracey received a CBE (Commander of the Order of the British Empire) for her services to financial service consumers and markets. Tracey is also chair of Steering Group, United Nations convened Net-Zero Banking Alliance (NZBA).