Charles Randell will exit a year early as union contests 10% pay cut for Financial Conduct Authority staff
The chair of Britain’s financial watchdog is stepping down early amid a period of turmoil and staff pay cuts at the regulator.
Charles Randell, a former Slaughter and May lawyer, is to step down as chair of the Financial Conduct Authority and the Payment Systems Regulator in spring 2022 – a year early. He was appointed to a five-year term in April 2018.
