People Moves

FCA Chairman To Step Down

Robbie Lawther, Reporter, London, 20 June 2017

articleimage

The current chairman of the FCA has held the role since 2013.

The chairman of two UK regulatory bodies will leave both organisations at the end of his time in office on 31 March 2018.

John Griffith-Jones will step down from his posts at the Financial Conduct Authority and the Payment Systems Regulator, FCA has said in a statement.

Griffith-Jones was appointed as the first FCA chair with in April 2013. He became chair of the PSR when it was established in April 2014.

“I committed to a five year fixed term to chair the FCA and, in so doing, to help ensure that conduct regulation became a respected part of the UK financial landscape,” said Griffith-Jones. “It has been, and continues to be, a great privilege to be responsible for the work of both the FCA and the PSR.  I like to believe that I will leave both in good shape to regulate well in the future.”

HM Treasury is now recruiting a new chairman for the FCA.

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes