Christopher Woolard becomes FCA's interim CEO
HM Treasury has appointed Christopher Woolard as interim chief executive of the FCA.
Chris will replace Andrew Bailey, who is leaving to become the new governor of the Bank of England.
Chris is currently the FCA’s executive director of strategy and competition and an executive member of the FCA’s board.
Charles Randell, the FCA’s chair, said: "I’m looking forward to working with Chris in his interim chief executive role. I’m confident that he and executive committee colleagues will continue to deliver our ambitious plans for change in 2020 and beyond, building on the foundations laid by Andrew Bailey."
Chris Woolard added: "I’m delighted that I’ve been asked to take on this role. We have a huge job to do and I’m looking forward to working with the board and colleagues across the FCA as we continue to deliver the FCA’s mission."
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
Lloyds
Lloyds sets aside extra £4bn for high-LTI mortgage lending
Santander
Santander to acquire TSB in £2.65bn deal
Bank Of England
Bank of England issues first-of-its-kind fine of £11.9m
Regulation
Lenders urged to prepare for court ruling on commissions as motor finance complaints surge
Financial Conduct Authority
FCA moves ahead with targeted support in 'transformational' advice reforms
Government
Government confirms launch of permanent Freedom to Buy mortgage scheme
