Update: Treasury pushed out FCA chief Martin Wheatley - source

Carmen Reichman
clock

The chief executive of the Financial Conduct Authority (FCA) Martin Wheatley is to step down in September, the regulator announced today, because the Treasury wanted a change of leadership, a source close to the FCA said.

Wheatley's position on the FCA board was up for renewal in March 2016 and was not renewed by the Chancellor, the source said. The Treasury is now conducting a worldwide search for the next chief...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Women in Pensions 2025: Last day to nominate!

Women in Pensions 2025: Last day to nominate!

Professional Pensions celebrates eight years of recognising leading female talent

Professional Pensions
clock 02 April 2025 • 3 min read
Industry warned to not neglect tackling systemic risks

Industry warned to not neglect tackling systemic risks

LCP sets out best practice principles to help combat systemic risks such as climate change

Holly Roach
clock 02 April 2025 • 2 min read
News Digest: Call to re-brand council pension funds; McCloud affected GPs facing financial difficulties

News Digest: Call to re-brand council pension funds; McCloud affected GPs facing financial difficulties

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 02 April 2025 • 1 min read
Trustpilot