Slaughters partner takes on GC role at Asset Protection Agency

Slaughter and May corporate partner Lucy Wylde has landed a permanent role as general counsel for HM Treasury’s Asset Protection Agency (APA).

Lucy Wylde
Lucy Wylde

Wylde, a partner at Slaughters since 1993 and currently a member of M&A chief Steve Cooke’s team, has been on secondment at the Treasury since March 2009 to assist with Asset Protection Scheme work. She has been acting general counsel at the APA since it was launched last December.

She will report directly to the executive agency’s CEO Stephan Wilcke and she will be responsible for scheme compliance, potential enforcement actions and APA’s internal legal, compliance and knowledge management functions.

Wilcke said: “Lucy’s been an invaluable ally in establishing the agency’s credibility and competence in the legal and enforcement arena in her time on secondment with us. The APA leadership team is now officially complete.

“It’s encouraging to see very senior City practitioners join the public sector to make their contribution to fixing some of the issues which went wrong before the financial crisis.”

Wylde will officially retire from the partnership at Slaughters at the end of the financial year next April.