FCA sounds out Swiss regulatory head to replace Wheatley

clock • 1 min read

The Financial Conduct Authority (FCA) has approached the head of the Swiss financial regulator about the possibility of succeeding Martin Wheatley as CEO, according to a report.

Mark Branson, the chief executive of Switzerland's Financial Market Supervisory Authority (Finma), is among the candidates the FCA is keen to speak to, Sky News reported, citing 'City sources'. Acting FCA chief executive Tracey McDermott and Australian Securities and Investments Commission chairman Gred Medcraft, plus one unnnamed other, are also candidates according to the report. In July, the FCA announced Wheatley (pictured) would be stepping down from his role as chief executive after four years. He officially left his role in September but is continuing to act as an adviser to...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Business roles

Trustpilot