BoE's Andrew Bailey appointed new FCA chief
To replace McDermott

Andrew Bailey, deputy governor for prudential regulation at the Bank of England and CEO of the PRA, is replacing Tracey McDermott as the new 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 successor has...
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