People: Nikhil Rathi appointed UK FCA chief
Stock exchange boss to take helm at regulator; new member of BoE committee named; and more
UK: Nikhil Rathi is to be the new chief executive of the Financial Conduct Authority, filling the place left by Andrew Bailey, who is now Bank of England governor.
Rathi is the current chief executive of the London Stock Exchange, and was previously a senior civil servant at the UK Treasury, where he managed the financial services group.
At the Treasury, he was responsible for the UK’s financial services interests in the European Union and internationally – an area that will be of great
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