Christopher Woolard is stepping in as the interim chief executive of the Financial Conduct Authority (FCA) as the old chief executive Andrew Bailey is leaving to become the governor of the Bank of England.
Woolard is currently the FCA’s executive director of strategy and competition as well as an executive member of the FCA’s board.
Charles Randell, the chairman of the FCA, said, “I’m looking forward to working with Chris in his Interim Chief Executive role. I’m confident that he and Executive Committee colleagues will continue to deliver our ambitious plans for change in 2020 and beyond, building on the foundations laid by Andrew Bailey.”
Woolard, added, “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.”
According to his LinkedIn page, Woolard has previously clocked up time experience working for the Department of Trade and Industry, the BBC, Ofcom and the Payment Systems Regulator.
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