Broadstone has appointed industry veteran Damien Burke as its new Head of Regulatory Practice, strengthening the consultancy’s ambitions to expand its presence in the banking and finance sector.
The UK-based advisory firm said the move reflects rising demand for independent expertise as banks and lenders adjust to tightening regulatory expectations and heightened scrutiny of risk modelling and governance.
Burke brings more than 25 years of experience in banking and lending, specialising in credit risk analytics, compliance and regulatory responsiveness. His technical expertise spans IFRS 9, Basel capital calculations and senior management functions, including SMF 1 and SMF 3. He has also led the development of governance strategies, internal controls and policy frameworks across a range of financial organisations.
His previous roles include Partner and Head of Regulatory Practice at consultancy 4most between 2015 and 2021, followed by a stint as Chief Executive Officer of Custom Credit until May this year.
Broadstone has been expanding its consultancy services for banks and lenders, providing credit risk and analytics support to clients from major high-street institutions to fast-growing fintechs.
Richard Pinch, Senior Director at Broadstone, said: “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.”
Burke said the role comes at “an exciting time” for the firm.
“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,” he said. “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.”
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