Andrew Bailey has been revealed as the new chief executive of the Financial Conduct Authority (FCA). So what do we know about him, and how could that shape his leadership of the regulator?
Andrew Bailey is a company man. He has spent three decades working at the Bank of England (BoE), climbing his way up to become deputy governor and head of the Prudential Regulatory Authority (PRA). He puts a lot of stock in the 321-year-old institution, in a way he does not with ever-changing financial services regulators. "You could have had the Archangel Gabriel running the FSA but it was only a 15-year-old institution. It hadn't got [the Bank's] standing," he told the London Evening Standard in 2014. His stance represents his experience. Since starting at the Bank in 1985, he ha...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
