Christopher Woolard Appointed Interim Chief Executive of the FCA

The FCA announced last week that it has appointed Christopher Woolard as Interim Chief Executive, following Andrew Bailey’s departure.

It was revealed late last year that Andrew Bailey was to become the next Governor of the Bank of England.

Mr Woolard is currently the FCA’s Executive Director of Strategy and Competition and an Executive member of the FCA’s Board. In this role, he is responsible for the FCA’s policy output, its work on innovation, competition and economics and for helping direct the strategy for the financial regulator. He joined the Financial Services Authority (FSA) in 2013, helping in the creation of the FCA.

Regarding his appointment, Mr Woolard said, “I’m delighted that I’ve been asked to take on this role. We have a huge job to do and I’m looking forward to working with the Board and colleagues across the FCA as we continue to deliver the FCA’s mission.”

Further details will be announced regarding a permanent Chief Executive in due course.

About the author

Ash is Managing Director at RWA. He has over 15 years’ experience in the legal and compliance field and ten years in broker sales and leadership roles in national and global insurance firms.

He is highly skilled in the application of risk-based regulation, working closely with businesses at executive and board level to develop commercially viable, compliant systems and controls. Ash is adept in providing solutions-based interpretations of the FCA’s technical standards and facilitating the transfer of compliance skills and education needed for businesses to self-manage their own compliance and training needs.

Get RWA Insight In Your Inbox

Regular business news and commentary delivered direct to your inbox each week. Sign up here