BoE's Andrew Bailey appointed FCA chief

To replace McDermott

Kristian Brunt-Seymour
clock • 2 min read

Andrew Bailey, deputy governor for prudential regulation at the Bank of England and CEO of the PRA, is replacing Tracey McDermott as the CEO of the Financial Conduct Authority (FCA).

Bailey (pictured) has been at the Bank of England for 30 years, and is currently also chief executive of the Prudential Regulation Authority. He will remain in his current post until his success...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Appointments

Torsten Bell to remain in post as pensions minister

Torsten Bell to remain in post as pensions minister

Industry says reappointment brings ‘welcome certainty and continuity’

Holly Roach
clock 23 July 2026 • 4 min read
People Moves: Senior hires at Hymans Robertson and Mercer

People Moves: Senior hires at Hymans Robertson and Mercer

Hymans appoints head of project management and Mercer hires director of investment solutions

Professional Pensions
clock 22 July 2026 • 1 min read
People Moves: Week ending Friday 17 July 2026

People Moves: Week ending Friday 17 July 2026

PP brings together all the appointments in the pensions industry over the past week

Professional Pensions
clock 17 July 2026 • 4 min read
Trustpilot