Asset Management

Tracey McDermott will exit FCA in July

Acting CEO, who has been the public face of a more aggressive regulator in the years since the financial crisis, is making way for Andrew Bailey

Tracey McDermott is leaving the FCA
Tracey McDermott is leaving the FCA

The acting chief executive of the UK's Financial Conduct Authority – who has been the public face of a more aggressive regulator in the years since the financial crisis – will leave in the summer.

Tracey McDermott will depart the FCA on July 1, according to a statement from the regulator on April 13.

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