Glen McKay joined the QFC Regulatory Authority in May 2006 as an Insurance Supervisor, joining from the Bermuda Monetary Authority where he had held roles in Insurance Supervision and Policy. Mr McKay also served as a secretary to their Authorisations Committee as well as assisting the Monetary Authority with various committees of the International Association of Insurance Supervisors (IAIS).
During his time at the QFC Regulatory Authority, Mr McKay had a number of roles before being appointed Head of Authorisation in October 2020. He assisted in drafting the Regulatory Authority’s Insurance Business Rules (PINS), and the Captive Insurance Business Rules (CAPI) and was the lead drafter of the prudential returns used by insurance companies and insurance intermediaries. He also assisted the Authorisation department with the authorisation of a number of insurance entities.
In 2013 he was seconded to the Qatar Central Bank (QCB) for five years, assisting QCB in the development of their insurance regulations and prudential requirements. Before becoming the Head of Authorisation, he was working in the Financial Analysis section of the Supervision and Authorisation department.
Mr McKay is a Canadian Chartered Professional Accountant (CPA-CA) and is also a Certified Islamic Professional Accountant (CIPA). He holds a Bachelor’s degree in Chemistry and a Bachelor’s degree in Psychology from the University of British Columbia.