FCA announces permanent CEO

nikhil-rathi

HM Treasury has announced the appointment of Nikhil Rathi as the new permanent chief executive of the Financial Conduct Authority (FCA).

He replaces Andrew Bailey who stepped down to take the position of governor of the Bank of England in March this year.

Rathi is currently the chief executive of London Stock Exchange.

From September 2009 to April 2014, he was director, Financial Services Group at HM Treasury. In this role, he led the Treasury’s work on the UK’s EU and international financial

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