Sheldon Mills
Executive Director, Financial Conduct Authority (FCA)
Sheldon Mills is an Executive Director at the Financial Conduct Authority (FCA). He is currently leading a review into the implications of advanced AI on consumers, retail financial markets and regulators. It builds on the FCA’s existing work on AI and will culminate in a series of recommendations to be reported to the FCA Board in summer 2026, informing how the FCA can guide and respond to AI-driven transformation of retail financial services, as well as an external publication.
Prior to this role, he was responsible for the FCA's delivery of its consumer protection and competition objectives and co-led the Supervision, Policy and Competition division.
Previously, as Senior Director at the Competition and Markets Authority (CMA), Sheldon had overall leadership responsibility for the delivery of UK merger control across the entire economy and for the strategic design and implementation of the new UK State Aid regime.
He is a qualified solicitor and he practised law at King & Wood Mallesons and Jones Day, counselling a range of UK and international clients in antitrust and competition law.
Sheldon is passionate about financial inclusion and diversity and inclusion. He was formerly a trustee and Chair of the UK-based charity Stonewall.
Sheldon holds undergraduate and postgraduate law degrees from King’s College, London and was born and raised in Cardiff, Wales.
