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Rathi’s “mark II” agenda: FCA chief on tech innovation and pragmatism at The FT Summit

Panel L-R: Patrick Jenkins, Deputy Editor, The FT and Nikhil Rathi, CEO, FCA at Banking Summit 2025
Panel L-R: Patrick Jenkins, Deputy Editor, The FT and Nikhil Rathi, CEO, FCA. Photo: Jean Hurley

Jean Hurley

3 min read
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Nikhil Rathi’s reappointment as the CEO of the FCA will run until September 2030. He tells The FT Global Banking Summit about his second term strategy.

Speaking at The FT Global Banking Summit 2025 on December 3, Nikhil Rathi, CEO of the FCA, outlined the strategy for his second term.

Dubbed “Nikhil mark II” by interviewer Patrick Jenkins, Rathi presented a regulator tasked with driving UK productivity and growth while managing “lively” industry pushback on motor finance and

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