On April 13, 2016, the FCA announced that acting Chief Executive Officer, Tracey McDermott, would leave the regulator on July 1, 2016. Andrew Bailey, currently Deputy Governor for Prudential Regulation at the Bank of England and Chief Executive Officer of the PRA, will take up the position of CEO of the FCA from July 1, 2016.

The announcement is available at: http://www.fca.org.uk/news/tracey-mcdermott-to-leave-fca