Financial PR firm MRM is set to launch a public affairs division and has hired Havard Hughes, a former senior associate at the Financial Conduct Authority (FCA), to lead the new venture.
Hughes joins MRM after more than four years at the FCA. A former campaigns director at the Electoral Reform Society and Vince Cable staffer, Hughes also chairs the board of the north west London area Conservative Associations.
Speaking after his appointment, Hughes said: “As we head towards the general election, financial services will feature prominently. Political parties are already jostling for position in a bid to demonstrate that they are on the side of voters. It is vital that that those involved in financial services engage in this conversation to make sure that it is an informed debate.
“MRM has built itself a reputation of being passionate about financial services – a sector I’ve worked in from the start of my career. I’m looking forward to setting a new benchmark for public affairs consultancy and challenging the established players.”
MRM director Andrew Appleyard said: “It has been our intention for some time to enhance our existing offering to include parliamentary relations and regulatory affairs.
“Hughes is a regulatory insider with a comprehensive understanding of the political challenges the financial industry faces and we are thrilled to have him on the team.”