Richard Lloyd will serve as the interim chair of the Financial Conduct Authority while a permanent successor to early departer Charles Randell is found.
The former executive director of consumer group Which? had been touted for the role earlier this week, although HM Treasury has only today (4 February) confirmed the appointment. Lloyd led Which? as executive director from 2011 to 2016 and joined the board of the FCA in April 2019 and is currently chair of the risk committee and the oversight committee. Industry questions 'unusual' departure of Charles Randell from FCA He will take on the role from 1 June 2022 while the search to replace Randell, who stepped down from the role two years early, continues. Aidene Walsh, who curren...
To continue reading this article...
Join Investment Week for free
- 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