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FCA chair shouldered ‘huge burden’, report finds, as campaigners call for consumer champion to fill role

Campaigners argue that at least half the panel which selects the next chair ‘should champion consumer, rather than producer interests’

An independent review has praised how Charles Randell managed the FCA as it undergoes a cultural overhaul
An independent review has praised how Charles Randell managed the FCA as it undergoes a cultural overhaul Photo: Chris Ratcliffe/Getty Images

A review of the Financial Conduct Authority's board has heaped praise on outgoing chair Charles Randell, as campaigners continue to call for his successor to have a closer eye on the victims of regulatory failure.

Randell said last month he would be leaving his post, a surprise move that will see him exit the regulator a year ahead of schedule in Spring 2022.

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