Julia Hoggett, head of short term fixed income origination, covered bonds and FIG flow financing, EMEA at Bank of America Merrill Lynch, is leaving the bank to become head of investment banking in the supervision division at the UK Financial Conduct Authority.

Hoggett will take up her position at the FCA in early May.

She leaves Bank of America Merrill Lynch after nearly four years at the bank, having joined in June 2010 as managing director and head of FIG flow financing, EMEA, before subsequently also being made head of covered bonds for EMEA. Her responsibilities were also expanded to include short term fixed origination in EMEA, with Hoggett in September also given responsibility for BAML’s green debt capital markets efforts in EMEA.

Before joining BAML, Hoggett was a board member and the chief executive officer of Depfa ACS Bank and head of capital markets for the Depfa Bank Group, responsible for the long term funding of the group.

A BAML spokesperson said the bank will not be replacing Hoggett directly, as the role she held was created specifically for her, and that her responsibilities will instead be redistributed across colleagues at BAML.

At the FCA, Hoggett will be reporting to Will Amos, director of wholesale banking and investment management, with the FCA noting that her appointment follows “a number of other high profile hires for Clive Adamson’s supervision division”.

Hoggett said that she is honoured to be joining the FCA “and to be part of the further development of financial market supervision in the UK”.

“I am looking forward to working closely with colleagues and the wider market to ensure that the United Kingdom remains at the forefront of the investment banking industry and does so in a manner which places the protection of consumers, of all forms, front and centre,” she added.

Adamson, director of supervision at the FCA, welcomed Hoggett’s appointment.

“I am delighted that Julia is joining us,” he said. “She has a huge amount of industry experience, with an excellent understanding of financial institutions and specific investment banking experience.”

Hogget has had a long involvement in the development of diversity and inclusion within the organisations for which she has worked, and was named one of Financial News’ 100 Most Influential Women in Europe’s Financial Markets in 2010, 2011 and 2012.

The FCA is one of two new regulatory bodies that emerged from a split of the Financial Supervisory Authority (FSA), and in April 2013 became responsible for the conduct supervision of all regulated financial firms and the prudential supervision of those firms not supervised by the Prudential Regulation Authority (PRA).