The Financial Conduct Authority has beefed up its authorisation roles with the appointment of two new directors.

It has promoted Laura Dawes and hired Dominic Cashman to work in two new director of authorisations roles.

They will start their new roles in late April and early May respectively.

Dawes has been interim director of strategy, policy, international and intelligence in the FCA’s enforcement and market oversight division since January 2021.

She was formerly head of department for retail and regulatory investigations, bringing with her extensive regulatory experience.

Before joining the FCA in 2011 Dawes worked as a barrister.

Cashman joins the regulator from TP ICAP, an interdealer broker, where he was most recently head of integration and transformation and, previously, interim group head of operations.

Additionally, Craig Chapman will join the FCA as finance director in May.

Craig is currently chief financial officer at RTX RouteTrader, a fintech operating in the telecoms sector.

Before that, Chapman held senior finance roles at ED&F Man, a commodities trader, and Barclays Capital.

His appointment follows the retirement of David Godfrey as the FCA’s finance director.

FCA chief operating officer and executive director of authorisations Emily Shepperd says: “I look forward to welcoming Craig, Dominic and Laura to their new roles later this spring.

“Tackling the risk of consumer harm starts when firms apply to us for authorisation. Dominic and Laura will lead this vital part of the regulatory system.

“Craig is an experienced chief financial officer who will play a central part in making sure we have the right resources and we’re using them in the best way possible to meet our important objectives.”