Christopher Woolard has been named as interim chief executive of the Financial Conduct Authority, taking over Andrew Bailey’s role when he becomes Governor of the Bank of England.
Woolard is currently FCA executive director of strategy and competition and an executive member of the FCA’s board.
Woolard joined the Financial Services Authority in 2013, to help lead the creation of the FCA. Before that, Chris worked at Ofcom (2009-2012), the BBC (2005-2009) and in the civil service (1995-2005).
FCA chair Charles Randell says: “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 says: “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.”
TPR chief executive Charles Counsell says: “I welcome the news that Christopher Woolard has been appointed interim chief executive of the FCA, and look forward to working with him to further strengthen our strategic partnership.”