In a strategic move aimed at fortifying the Competition and Markets Authority’s (CMA) stance in post-Brexit UK merger control, Joel Bamford is set to rejoin the organization as its Executive Director for Mergers. Currently a Director at Fingleton, a strategic regulatory advisory firm, Bamford’s return to the CMA marks a pivotal development in the organization’s leadership.
Bamford, who served as the Senior Director for Mergers at the CMA until early 2022, brings a wealth of experience to his new role. Sarah Cardell, CMA Chief Executive, expressed enthusiasm about Bamford’s appointment, citing his deep knowledge of the CMA and the UK merger control regime. Cardell emphasized the importance of Joel’s external perspective gained during his tenure at Fingleton, anticipating that his expertise will strengthen the CMA’s merger function.
As the UK merger control landscape gains global attention post-Brexit, Joel Bamford is poised to play a crucial role in ensuring the effectiveness of future operations. In response to his appointment, Bamford conveyed his excitement about joining the CMA and assuming responsibility for the mergers function. Highlighting the CMA’s reputation as a strong independent regulator, he expressed his commitment to working with the organization’s team to enhance its approach to merger enforcement.
Bamford’s track record includes pivotal roles at the CMA, where he led significant merger investigations such as Sainsbury’s/Asda and 21st Century Fox/Sky. His prior experience at the New Zealand Commerce Commission, the Office of Fair Trading, and the Department for Work and Pensions adds depth to his expertise.
The anticipated appointment of Joel Bamford as Executive Director for Mergers, subject to approval by the Secretary of State, is expected to be effective in early 2024. The move reflects the CMA’s dedication to navigating the evolving landscape of merger control and underscores its commitment to safeguarding the interests of consumers, businesses, and the UK economy.
Source: Gov UK