Graham joins the FSA part time. He has 37 years experience in banking, mainly at Natwest where he was a regional managing director. Most recently he was Director of Strategy & Business Affairs at Monitise and was also Director of Banking and Financial services at the Post Office.
Hector Sants, chief executive of the FSA, said: "Graham will bring a wealth of knowledge to the FSA.
"This is a further example of our commitment to have the right mix of people working at the FSA, combining those with regulatory experience and those with strong commercial backgrounds."
Senior advisors are a core part of the FSA's delivery of intensive supervision. The team provides experience on regulatory, market and now consumer matters.