SFO head to step down as speculation grows over future of agency

Nick Ephgrave, director of the U.K.’s main anti-corruption enforcement agency, the Serious Fraud Office (SFO), will retire at the end of March—about halfway through his appointed five-year term. Experts say he leaves the agency in a lot better position than he joined it in September 2023.

In a statement, he said: “It is with great pride that I reflect on the enormous progress the SFO has made in the last two and a half years. We have achieved more things, more quickly than even I thought possible, thanks entirely to the enthusiasm, commitment, and can-do attitude from everyone at the SFO. I am certain that the momentum we have created will continue to propel the organisation forward to bigger and better things.”