Gina Miller calls for FCA to replace all its non-executive directors

‘Rhetoric rather than real reform’

James Baxter-Derrington
clock • 1 min read

Gina and Alan Miller of the True & Fair Campaign have called for the Financial Conduct Authority to “urgently refresh” its board by replacing all non-executive directors.

In a statement responding to the appointment of Richard Lloyd as interim chair at the regulator, succeeding Charles Randell, who leaves his tenure two years early, the pair argued the FCA should replace the entire suite of non-executive directors to avoid "reshuffling the deckchairs on the Titanic". Gina Miller: 'We are all Brexiteers now' "Culture is set at the top," the statement read. "There should be a wholesale replacement of not just the interim chair, but all the other NEDs, given their track record, or rather, lack of it." Lloyd was addressed individually, with his allowing...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Regulation