FCA names Hong Kong securities watchdog as new chair

Expected to take role in January 2023

The Financial Conduct Authority has appointed Ashley Alder, current CEO of Hong Kong’s securities watchdog, as chair.

Alder will succeed Richard Lloyd, who has served as interim chair since Charles Randell stepped down from his post in May 2022, around a year before the end of his five-year term. He is expected to take up his role in January 2023, said HM Treasury.   "It is a great privilege to have the opportunity to chair the FCA, whose core work is so vital to the financial health of consumers," said Alder. "I also value the opportunity to contribute to a crucial phase in the FCA's history as it helps chart the UK's post-Brexit future as a global financial centre which continues to support innovat...