Tracey McDermott to leave the FCA
Regulator confirms McDermott will leave the organisation on 1 July.
The Financial Conduct Authority (FCA) has announced that Tracey McDermott, acting chief executive, will leave the organisation on 1 July 2016.
McDermott confirmed in early December last year that she had decided to withdraw from the process to appoint a permanent chief executive of the regulator.
In January this year the FCA appointed Andrew Bailey as the new CEO. He will take up the position on 1 July and McDermott will continue as acting CEO until he starts.
McDermott initially took on the
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