Former Bank of England deputy Bailey will replace interim chief Tracey McDermott
Former Bank of England Governor Andrew
Bailey will take up his new role as chief executive of the
Financial Conduct Authority in July, a spokesperson for the
regulator told FOW on Wednesday.
Bailey is currently working his notice
period as the deputy governor of the Bank of England, after the
central bank announced he would be the
regulator’s new leader at the end of January.
The BoE said then that Bailey, who has been with the bank for
30 years, would continue in his current role as deputy governor
for Prudential Regulation and chief executive of the Prudential
Regulation Authority (PRA) until a successor has been
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.