Policy paper

Reappointment of Financial Conduct Authority Chief Executive Officer

Nikhil Rathi has been reappointed by the Chancellor as the Chief Executive Officer of the Financial Conduct Authority (FCA).

Documents

Reappointment Letter to the Board of the Financial Conduct Authority - Chancellor to Nikhil Rathi

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Reappointment Letter to the Board of the Financial Conduct Authority - Nikhil Rathi to Chancellor

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If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

Nikhil Rathi has been reappointed as the Chief Executive Officer of the Financial Conduct Authority (FCA) for a second term of five years to September 2030.

HM Treasury has published an exchange of letters between the Chancellor and Nikhil Rathi, setting out their shared ambition for the financial services sector, and the important role the FCA plays in facilitating the government’s growth mission.

The FCA is the conduct regulator for financial services in the UK. It regulates the conduct of around 42,000 firms and sets specific prudential standards for around 17,000 firms.

Updates to this page

Published 10 April 2025
Last updated 11 April 2025 show all updates
  1. Accessible versions of both letters added.

  2. First published.

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