Barrass will take up the post on 17 Feb, the FSC said in a statement, which noted that she has been “at the forefront of delivering the Solicitors Regulation Authority’s high profile reform of legal services regulation” in her current role.
As reported, Killick announced his plans to leave the FSC earlier this year. Today he told International Adviser that he will stay in his current role until 14 Feb, and has not made any plans beyond that date.
In April, he said his desire would be to remain in Gibraltar, but that he was prepared to go elsewhere if the opportunity required him to.
Killick took over as chairman and commissioner of the FSC in April 2003, and became its first following the introduction of the Financial Services Commission Act 2007.
A barrister by training, his previous roles included deputy chief executive of the Isle of Man Financial Supervision Commission and head of Banking, Trusts and Investment Services at the Cayman Islands Monetary Authority.
New Zealand
Barrass came to the SRA in 2009 from the London Investment Banking Association, where she had been involved in developing policy and approaches to evidence-based regulation. Previous jobs included a variety of roles at the UK’s Financial Services Authority.
She began her career with the Reserve Bank of New Zealand, and holds a degree in economics from the University of Canterbury (New Zealand) as well as a Masters from the London School of Economics.