Christopher Woolard has been appointed as interim chief executive of the Financial Conduct Authority (FCA) by the Treasury.

Woolard, who will replace Andrew Bailey on 16 March following his departure to become governor of the Bank of England, has served as the FCA’s executive director of strategy and competition, and is an executive member of the FCA board.

He is currently a non-executive member of the Payment Systems Regulator Board, and has previously held roles at Ofcom, at the BBC and in the Civil Service.

FCA chair, Charles Randell, said: “I’m looking forward to working with Chris in his interim chief executive role.

"I’m confident that he and executive committee colleagues will continue to deliver our ambitious plans for change in 2020 and beyond, building on the foundations laid by Andrew Bailey.”

The Pensions Regulator chief executive, Charles Counsell, added: “I welcome the news that Christopher Woolard has been appointed interim chief executive of the FCA, and look forward to working with him to further strengthen our strategic partnership.”

The Treasury will be running an open competition for the permanent chief executive role, with further details to be announced in due course.

Share Story: