FCA appoints Christopher Woolard as interim chief executive

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...