FCA spent over £200,000 recruiting Andrew Bailey
Regulator interviewed four candidates for the CEO role.
The Financial Conduct Authority (FCA) spent just under £220,000 on the recruitment process that resulted in Andrew Bailey being appointed as its new chief executive officer, Insurance Age can reveal.
A response to a Freedom of Information (FoI) request details that the regulator spent £217,963 on finding the long-term successor to Martin Wheatley who stepped down in September last year.
The FCA also considered four candidates including Tracey McDermott, who occupied the role on an interim basis
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