FCA names Charles Randell as next chairman

Effective from 1 April

Victoria McKeever
clock • 2 min read

City lawyer Charles Randell has been confirmed as the next Financial Conduct Authority (FCA) chairman and takes up the post from 1 April.

As previously reported, Randell was a leading candidate to succeed outgoing FCA chairman John Griffith-Jones. He will also become chairman of the Payment Systems Regulator (PSR). As a lawyer at magic circle firm Slaughter & May, Randell (pictured) advised ministers on the 2008 financial crisis and currently sits on the on the Bank of England's Prudential Regulation Committee (PRC), but his five-year term as a director is set to expire in March. He will leave this position before joining the FCA and PSR. HM Treasury and the Bank of England will begin recruiting a successor soon. Ran...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA chair: Name and shame plans 'valid' despite 'stern reaction'

FCA chair: Name and shame plans 'valid' despite 'stern reaction'

Ashley Alder was speaking at a Treasury Committee hearing

Cristian Angeloni
clock 09 May 2024 • 4 min read
Ban and £120,300 fine for former firm CEO who 'put investors at risk'

Ban and £120,300 fine for former firm CEO who 'put investors at risk'

James Lewis was chief executive at London-based Shard Capital Partners

Hope Coumbe
clock 07 May 2024 • 1 min read
Progress over perfection: Targeted support has huge upsides

Progress over perfection: Targeted support has huge upsides

Targeted support is not perfect but 'may be good enough'

Chris McCullam
clock 07 May 2024 • 4 min read