Interim FCA Chief To Depart Watchdog Board In October

Law360, London (September 16, 2020, 6:30 PM BST) -- The Financial Conduct Authority said Wednesday that its interim chief executive, Chris Woolard, will step down from the regulator's board on Oct. 1, when Nikhil Rathi will move over from heading the London Stock Exchange to become the financial regulator's permanent CEO.

The regulator at the same time said Woolard will chair a review of the future regulation of the unsecured credit market, which he will report to the FCA board. 

Woolard took over the interim role in March after chief executive Andrew Bailey left the position to become the governor of the Bank of England. 

"It has been a tremendous honor...

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