Richard Lloyd becomes Interim Chair of the FCA

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Richard Lloyd OBE has become Interim Chair of the Financial Conduct Authority, as previously announced on 4 February 2022.

He takes over from Charles Randell CBE, who stood down yesterday after four years as Chair.

Richard will act as Chair until HM Treasury appoints a permanent successor. A recruitment process is underway.

The Financial Conduct Authority is an independent body, accountable to HM Treasury and to Parliament. The Chair of the Financial Conduct Authority is appointed by HM Treasury.

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