FCA interim chief executive Woolard to exit

Buried in a press statement released on Wednesday (16 September), the FCA confirmed the interim chief executive would exit after completing a review of unsecured credit market regulation. Woolard will step down from the FCA board and any executive or decision-making roles from 1 October. He will then leave the FCA upon completion of the review. Nikhil Rathi will become permanent chief executive at the FCA from 1 October, taking over from Woolard. Woolard joined the FCA in 2013 as part of the executive committee. He has served on the board since 2015 and became interim CEO in March ...