CMA chair Marcus Bokkerink ousted by government amid growth push

Doug Gurr replaces him

Cristian Angeloni
clock • 2 min read

The chair of the Competition and Markets Authority (CMA), Marcus Bokkerink, has been forced to step down in a bid to push forward with Labour’s growth agenda.

He took on the role in 2022, during which time he "successfully delivered" on the five priorities he identified when joining the regulator, the CMA said. This included: Strengthening the governance of the watchdog by forming a new board and hiring Sarah Cardell as the new CEO Unifying the CMA behind a single strategy and operative model Delivering new levels of impact Increasing the regulator's transparency and; Engagement with consumers, businesses and stakeholders The move followed a call from the chancellor and business secretary at the end of last year urging all reg...

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 People

People Moves: People Moves: FCA adds two members to Sustainable Finance Advisory Committee

People Moves: People Moves: FCA adds two members to Sustainable Finance Advisory Committee

Regulator welcomes Elly Dowding and Farnam Bidgoli

Professional Adviser
clock 17 December 2025 • 1 min read
Big Interview: Brooks Macdonald CEO Andrea Montague

Big Interview: Brooks Macdonald CEO Andrea Montague

Montague shares the wealth manager’s aim to be the best, not the biggest

Isabel Baxter
clock 16 December 2025 • 8 min read
Next Generation Advisers: Meet Sherlock Financial Planning's Sarah Sherlock

Next Generation Advisers: Meet Sherlock Financial Planning's Sarah Sherlock

‘Speaking to someone far removed from your own experience can be intimidating’

Isabel Baxter
clock 04 December 2025 • 4 min read