HM Treasury has appointed Charles Randell as the new chair of the Financial Conduct Authority (FCA).

He will take up the role on 1 April 2018, on a five year term, when John Griffith-Jones, the current chairman of the FCA will step down.

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Griffith-Jones was first appointed to the FCA as chair on 1 April 2013. His term was for five years, and in June last year he announced his intention to leave the organisation at the end of this period.

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