Tim Hailes
Timothy Russell Hailes | |
|---|---|
| Born | October 7, 1967 Dorchester, England |
| Occupation(s) | Solicitor, corporate executive |
| Known for | Former managing director and associate general counsel at JPMorgan Chase & Co; general counsel and executive director at Five Islands Capital Limited; Alderman of the City of London |
Timothy Russell Hailes (born 7 October 1967 in Dorchester) is a former managing director and associate general counsel within the Investment Banking Division at JPMorgan Chase & Co. He currently holds the position of general counsel and executive director at Five Islands Capital Limited. In March 2013, he was appointed a justice of the peace for Central London. Subsequently, in May 2013, he was elected as an alderman representing the Ward of Bassishaw in The City of London, and he fulfilled the role of Aldermanic Sheriff during 2017-2018.
Early life
Born in Dorchester to David and Blenda Hailes, he received his education at Hampton School followed by Bristol Grammar School. He graduated with a B.A. (Hons) specializing in medieval and early modern history from King's College London. A recipient of the Jelf Medal in 1990, he was actively involved with the College Council and served as a sabbatical officer for KCLSU between 1988 and 1989. During his university years, he engaged politically alongside two members of Margaret Thatcher’s cabinet: Rt. Hon William Waldegrave and Rt. Hon. Peter Walker. Additionally, he chaired a national conservative student advocacy group. He completed his postgraduate legal studies at the University of West England in 1993.
Career
After six years practicing law with prominent City and Wall Street firms—including secondments on trading floors at Natwest Financial Products plc and Union Bank of Switzerland—Hailes qualified as a solicitor in 1995.
Joining JPMorgan in 1999, he rose to become co-head of both the Global Equities and Global Regulatory Reform Practice Groups within the Corporate and Investment Bank Legal Department. He also acted as senior counsel overseeing regulatory modernization across EMEA. In 2019, he moved to Five Islands Capital Ltd, a company specializing in FinTech solutions.
Organisations
Hailes has contributed to numerous committees within the derivatives sector, notably co-chairing the ISDA fund derivatives committee. He frequently authors articles on equities markets and structured products aimed at retail investors. As a technical advisor for the UK FSA during the 2009 Lehman Review, he has also represented the financial services industry before IOSCO standing committees, the European Commission, China’s Banking and Regulatory Commission, among other regulatory authorities. Presently, he chairs the Joint Association Committee (JAC), which is jointly sponsored by ISDA, SIFMA, AFME, and the ICMA, focusing on Retail Structured Products.
He holds liveryman status with both the City of London Solicitors' Company and the Worshipful Company of International Bankers, is a freeman of the Worshipful Company of Pewterers, serves as a magistrate on Central London’s bench, and is affiliated with The Royal Institute of International Affairs (Chatham House).
Between 2004 and 2011, Hailes led JPMorgan’s London chapter of Pride, an employee network supporting LGBT staff. He also represents EMEA diversity interests on the Legal Department Diversity Council.
He is a Life Governor of the RNLI, an organization where his father held the position of Treasurer for the Weymouth lifeboat station. Additionally, he acts as Vice-Chairman of Governors at King Edward's School, Witley.
Committees
In his capacity as a member of both the Court of Aldermen and the Court of Common Council, Hailes participates in the Community and Children's Services Committee, the Markets Committee, as well as the Audit & Risk Committee within the City of London Corporation.
Awards and honours
Following his qualification as a Solicitor in 1995, Hailes was awarded the Wig and Pen Prize by the Combined Law Societies of Central London. In October 2014, Legal 500 UK recognized him as the in-house finance lawyer of the year, and he was also listed among the top 100 FT out and proud business leaders.
Hailes holds a fellowship at King's College London and was inducted as a Member of the Venerable Order of Saint John in 2018. The same year, he received an Honorary Doctor of Laws degree from the University of West England.