FCA appoints Christopher Woolard as interim chief executive

Following Bailey's BoE role

Sophie King
clock • 1 min read

The Financial Conduct Authority (FCA) has appointed Christopher Woolard has interim chief executive following advice from HM Treasury.

Woolard (pictured), the regulator's executive director of strategy and competition, will be responsible for the financial watchdog's policy output, its work on innovation, competition and economics.  He will take on the new role following Andrew Bailey's departure to become Bank of England governor. In December, it was confirmed that Bailey had been selected as Mark Carney's replacement, which was confirmed by the Government and then with Her Majesty the Queen approving the appointment. Woolard said: "I'm delighted that I've been asked to take on this role. We have a huge job to do an...

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

Becoming truly data-led: Five regulatory reporting strategies for firms

Becoming truly data-led: Five regulatory reporting strategies for firms

'Five ways to become truly data-driven'

Chris Davies
clock 12 May 2025 • 4 min read
FCA's Hulme pledges tougher scrutiny and clearer guidance

FCA's Hulme pledges tougher scrutiny and clearer guidance

‘We will go harder and faster’ to drive ‘good growth’

Sahar Nazir
clock 07 May 2025 • 3 min read
FSCS declares IFA Ltd and AXG Advice in default

FSCS declares IFA Ltd and AXG Advice in default

Leeds and London advice firms face claims

Isabel Baxter
clock 06 May 2025 • 2 min read