FCA appoints PRA exec to Director of Supervision

Megan had previously been in the role on secondment from the PRA where she was Executive Director of International Banks Directorate.

She joined the Bank of England in April 2013, moving from the FSA where she was Head of Enforcement Law and Policy.

Before moving to the Enforcement Division, Megan was Chief Counsel for Markets, heading the legal team responsible for advising on legal issues relating to Official Listing, the regulation of exchanges and clearing houses, market conduct and the supervision of wholesale firms.

Megan joined the FSA in 2000. Before this, she spent several years at the London Stock Exchange in a variety of legal and non-legal roles, including Head of Capital Markets.

Tracey McDermott Acting Chief Executive commented: “I am delighted that Megan has decided to stay at the FCA. She is an extremely experienced regulator with an excellent reputation in wholesale markets and has established herself as a key member of the FCA’s executive team over the past nine months”.  

Megan Butler commented: “I am very pleased to take on my role as director of SIWS in a permanent capacity. There is a huge amount of interesting, challenging and important work to do and I am excited about the opportunity to continue to shape financial services for the better. Having been here for nine months already, I know I’m leading a talented team.”