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In June 2020, HM Treasury appointed Rathi to be the new chief executive at the FCA, succeeding Andrew Bailey, after his appointment as the Governor at the Bank of England in March 2020, and Christopher Woolard, who acted as interim CEO. [5] [6] Rathi took over in October 2020. [7]
Financial Conduct Authority chief executive Nikhil Rathi has defended the organisation after the report by MPs and peers.
This is a list of salaries of heads of state and government per year, showing heads of state and heads of government where different, mainly in parliamentary systems. Often a leader is both in presidential systems .
Andrew Bailey was appointed chief executive on 26 January 2016. [39] After Bailey moved to become the Governor of the Bank of England, it was announced that Christopher Woolard would become the Interim Chief Executive. In June 2020, it was announced that Woolard would be succeeded on a permanent basis by Nikhil Rathi. [40]
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Nikhil Rathi, chief executive of the FCA, said in remarks made available to the media in advance of a speech, that he was already seeing AI-based business models requesting authorisation.
[2] For a public-sector comparison, the UK prime minister is entitled to a salary of £167,391 [3] [4] and the Cabinet Secretary is entitled to a salary of £200,000 to £204,999. [ 5 ] The table below outlines financial data - CEO salaries and turnover figures - where available, of a selection of major charities in the United Kingdom, by capital.
Executive Schedule (5 U.S.C. §§ 5311–5318) is the system of salaries given to the highest-ranked appointed officials in the executive branch of the U.S. government. The president of the United States appoints individuals to these positions, most with the advice and consent of the United States Senate .