Industry questions 'unusual' departure of Charles Randell from FCA

Staff morale low at FCA

James Baxter-Derrington
clock • 3 min read
Outgoing FCA chair Charles Randell
Image:

Outgoing FCA chair Charles Randell

Charles Randell’s departure from his role as chair of the Financial Conduct Authority a year before his term is due to expire has been met with confusion and frustration across the industry.

Simon Morris, a financial services partner with CMS, described the lack of a "customary second term" as "surprising" and questioned whether it had been either declined or simply not offered. Charles...

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