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ABI comments on Andrew Bailey appointment as CEO FCA

Andrew Bailey, Deputy Governor for Prudential Regulation at the Bank of England and Chief Executive Officer of the Prudential Regulation Authority (PRA), has been appointed as the new permanent CEO of the Financial Conduct Authority (FCA).

Commenting on the appointment, Huw Evans, ABI’s Director General, said:

"The insurance and long-term savings industry will welcome Andrew Bailey’s appointment as FCA CEO. Andrew will bring vast experience, intellectual rigour, sound judgement and the confidence of the Treasury to this vitally important role and build on the impressive job Tracey McDermott has done as interim CEO."

Last updated 01/07/2016