Nikhil Rathi reappointed as FCA CEO for second term

‘The right leader in testing times,’ chair Alder says

Isabel Baxter
clock • 2 min read

Nikhil Rathi has been reappointed as CEO of the Financial Conduct Authority (FCA) for a second term, His Majesty's Treasury has confirmed.

Rathi's reappointment comes after previous reports indicated he was said to be among the applicants to replace Simon Case as cabinet secretary as the race for the civil service's top job heated up in November last year. Since Nikhil joined in October 2020, the FCA said it has undertaken reforms to strengthen the UK's position in wholesale markets, including the biggest changes to the listing regime in more than three decades. "The regulator has raised standards, introducing the Consumer Duty so people get the right support, communication they can understand, and products and services ...

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

Want to hire an adviser? Just grow your own

Want to hire an adviser? Just grow your own

Bringing young talent into a firm is ‘an upfront pain for future gain’

Justin Cash
clock 17 September 2025 • 4 min read
Fairstone names Steven Cooper as CEO

Fairstone names Steven Cooper as CEO

Succeeds Lee Hartley who is now deputy chair

Isabel Baxter
clock 16 September 2025 • 3 min read
People Moves: Johnston Carmichael Wealth makes planner hire

People Moves: Johnston Carmichael Wealth makes planner hire

Robbie Chrisholm joins from a SJP partner practice

Professional Adviser
clock 16 September 2025 • 1 min read