The Financial Conduct Authority (FCA) has appointed Christopher Woolard as 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. FCA's Bailey confirmed as Carney successor at BoE - update Woolard said: "I'm delighted that I'v...
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