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FCA CEOs and the ticking clock

Montage of FCA, Nikhi Rathi and Big Ben.
GRIP Montage: FCA/Getty Images

Financial services commentator and former regulator Gavin Stewart considers why the FCA may be looking for a new CEO in a year’s time.

Question: What do the following dates have in common – 1997, 2003, 2007, 2011, 2015, 2016, 2020, 2020?

Answer: “They are all years in which first the FSA and then the FCA acquired a new CEO”.

The picture on the ground was even more broken up! Howard Davies’ tenure as Executive Chair (1997-2003) – combining Chair and CEO