INTERIM MANAGEMENT LIMITED

Interim Management Limited is headed up by Martin Odell, a Chartered Accountant, Senior Risk & Compliance specialist and Company Secretary with extensive experience across insurance, pensions, banking and securities, including dealing with regulatory authorities.

His skills set includes devising and implementing new strategic initiatives, including drafting conduct of business procedures and policies on operational risk, having successfully implemented practical solutions to complex compliance issues.

Martin is a Senior Risk & Compliance specialist and Company Secretary with extensive experience across insurance, pensions, banking and securities including dealing with regulatory authorities.

Accomplished in devising and implementing new strategic initiatives including drafting conduct of business procedures and policies on operational risk. Has successfully implemented practical solutions to complex compliance issues.

Professional qualifications and memberships:

Fellow of the Institute of Chartered Accountants in England and Wales

Associate of the Compliance Institute

Affiliate of the Institute of Actuaries

The Association of Professional Compliance Consultants

Ass

Martin has had roles in banking in the UK and Dubai (in risk and equipment finance), as a chief and project accountant in the UK and Bahrain and as an audit senior in chartered accountancy firms.

Achievements

Carrying out long and short term Compliance engagements at Lloyd’s Managing Agents; this included, inter alia, implementing monitoring plans, writing the reinsurance policy and strategy, setting up a Lloyd’s service company in Singapore and assisting with a Conduct Risk Review of retail Binding Authorities, Lineslips and syndicate branded products.
Group Company Secretary for a major insurance subsidiary of Munich Re.
Interpreted and implemented Treating Customers Fairly (TCF) from policy to quarterly reporting of management information from internal and external sources to demonstrate and ensure compliance with FSA guidance and principles.
Established , managed and carried out risk based compliance reviews/audits of co-insurers, managing agents (many of them Lloyd’s), and appointed representatives in UK, EEA states, USA and Australia, ensuring acceptance of recommendations from over 50 risk-based compliance audits.
Obtained FCA/SFA authorisation/variation for four new investment businesses, two of them as an independent compliance consultant.
Prepared Gissings Group for transformation from PIA to FCA, establishing risk registers and persuading FCA that company was low-risk, resulting in a longer supervisory visit cycle.
Established risk-based internal audit functions in Gissings and The Sakura Bank Ltd., London branch obtaining acceptance for and implementing many recommendations.
Reviewed Gissings Group Pensions review arrangements and introduced remedial plans, subsequently successfully defending discovery by FCA and referral to Enforcement. Built up team of 25 to carry out 7 years work in 2½.
Undertaking compliance consultant roles and interim management assignments in the banking, securities, Wealth Management and IFA sectors.
At Sakura Bank, liaised with Bank of England/FCA, SFA and LIFFE on all rule and regulatory matters, and obtained approval for dealing, options dealing and credit default swaps.
Structured and set terms of reference of a new middle office for The Sakura Bank Ltd.
Designed and delivered training on complex compliance issues such as TCF, anti-money laundering regulations and anti-bribery policies.