The Financial Conduct Authority (FCA) has confirmed the appointments of three new chairs to its panels.

The regulator has confirmed Clare Woodman as chair of the FCA Markets Practitioner Panel, Matt Hammerstein as chair of the FCA Practitioner Panel, and Mandy Gradden as chair of the Listing Authority Advisory Panel.

Woodman, Hammerstein and Gradden will take up their roles from today (1 August) and lead the panels in providing input from practitioners and market participants to help the FCA meet its objectives.

Welcoming the appointments, FCA chair, Ashley Alder, said: “Clare, Matt, and Mandy bring with them a deep wealth of experience and knowledge at a changing and challenging time for the economy and for consumers. They will play a vital role in providing insight and challenge on behalf of the firms, markets and consumers we serve by ensuring that all voices are heard.

“I am confident they will continue the excellent work of the Panels in ensuring our regulation is targeted, timely, and effective. And most importantly, that it delivers the right outcomes for firms, markets and consumers.”

Chair of the Markets Practitioner Panel, Woodman, commented: “I am delighted to have the opportunity to serve as. With the financial market environment constantly evolving, it is vital that regulators and industry continue to work together. I look forward to working with my senior industry colleagues and the FCA to ensure that markets remain efficient and effective allocators of capital, while upholding the highest standards.”

Chair the FCA Practitioner Panel, Hammerstein, said: “The panel plays a critical role in helping the FCA better anticipate the implications of proposed policy changes, and to better understand whether the existing body of policy is achieving the expected and appropriate outcomes.

“With the introduction of the new Consumer Duty, the incorporation of a competitiveness objective, the transformation of the FCA itself, and the ongoing uncertainty and challenges in the economy, an active dialogue between practitioners and the FCA is vitally important.”

Gradden added: “The Listing Authority Advisory Panel plays such an important role in connecting issuers, investors, advisers and other market participants with the FCA and we are fortunate to have such a talented and diverse group of stakeholders serving on the panel.

“The FCA is tackling a very significant programme of innovation and reform as it supports the UK capital markets, and I am delighted to have the opportunity to serve as chair of the panel as we seek to support the FCA at such a critical time.”

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