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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 (FCA) chief executive Nikhil Rathi told MPs on the Treasury Select Committee that there will be increased risk-taking as part of proposed changes by Government.
The chief executive of the UK’s financial watchdog has defended the organisation against criticism from a group of MPs and peers. A cross-party parliamentary group, comprising 30 MPs and 14 ...
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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]
[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.
Unite the union has written to the chief executive of the City watchdog warning of ‘grave concerns’ among staff. Union in pay warning to Financial Conduct Authority amid restructuring Skip to ...
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