A former assistant commissioner of London’s Metropolitan Police Service has been announced as the next director of the U.K. Serious Fraud Office (SFO).

Nick Ephgrave will succeed Lisa Osofsky at the end of September for an initial five-year term.

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Neil Hodge is a freelance business journalist and photographer based in Nottingham, United Kingdom. He writes on insurance and risk management, corporate governance, internal audit, compliance, and legal...