The Financial Conduct Authority has appointed Charles Randell CBE as its new chair.
Randall will serve a five year term in his new role, replacing current FCA chair, John Griffith-Jones, from 1 April 2018.
Currently, he is an external member of the Prudential Regulation Committee of the Bank of England, and is also non-executive board member of the Department of Business, Energy and Industrial Strategy.
Randall worked at Slaughter and May from 1980 to 2013, becoming a partner in 1989. He was a key adviser in the wake of the financial crisis, helping HM Treasury on the resolutions of Northern Rock, Bradford & Bingley and the Icelandic banks, as well as advising on the government's investments into RBS and the merged Lloyds and HBOS.
In addition, he advised the Portuguese Ministry of Finance on the recapitalisation of the Portuguese banking sector.
FCA chief executive, Andrew Bailey, said: “[Charles Randell’s] experience of regulation, both during the financial crisis and more recently as a member of the Prudential Regulation Committee, mean that he has a strong understanding of the challenges that the FCA faces and I look forward to tackling these with him in his new role.”
Latest News
-
Average UK house price surpasses £300k – Halifax
-
Bank of England holds base rate at 3.75%
-
Mortgage Advice Bureau acquires Dashly
-
Bridging loans fall to lowest average completion time in eight years
-
Regulators announce first six firms to join ‘Scale-Up Unit’
-
House prices recover month-on-month in January – Nationwide
Perenna and the long-term fixed mortgage market
Content editor, Dan McGrath, spoke to head of product, proposition and distribution at Perenna, John Davison, to explore the long-term fixed mortgage market, the role that Perenna plays in this sector and the impact of the recent Autumn Budget
The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?
Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories