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Financial Conduct Authority Names New Chief Executive

Jaclyn Jaeger | January 27, 2016

HM Treasury this week announced the appointment of Andrew Bailey as the new permanent Chief Executive of the U.K. Financial Conduct Authority for a five-year term. He is expected to take up the role in July 2016.

Bailey is currently the deputy governor for Prudential Regulation at the Bank of England and Chief Executive Officer of the Prudential Regulation Authority (PRA). He will take up his new role at the FCA once his successor at the PRA has been found.

In other news, effective April 1, HM Treasury also appointed the following four new non-executive FCA board members:

  • Bradley Fried, CEO of the Kirsh Group and a founder of investment firm Grovepoint Capital;
  • ...
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