William Winters, the former co-head of investment banking at JPMorgan Chase, has been named as an adviser to the British government, according to a DealBook report.
George Osborne, Britain’s chancellor of the exchequer, appointed Winters to the newly created commission on the banking industry at a formal dinner in London’s financial district on Wednesday, the report said.
Winters, according to the report, spent 26 years at JPMorgan and has lived in London since 1992. He is known for understanding risk and posing questions about the structured products that contributed to the financial crisis.
He will be responsible for analyzing the structure of the British banking system and determining whether it benefits customers and taxpayers.
John Vickers, former chairman of the Office of Fair Trading, will chair the commission, the report said.
Martin Taylor, former CEO of Barclays; Martin Wolf, economics commentator at the Financial Times; and Clare Spottiswoode, former gas regulator, will also join the commission.