Nikhil Rathi has been appointed as CEO of the Financial Conduct Authority (FCA) for a second term.
The Treasury announced the decision in a statement this morning (10 April).
Since taking up the role in October 2020, Rathi has overseen reforms including changes to the UK’s listing regimes and the introduction of consumer duty.
See also: FCA and Treasury launch consultation on streamlined regime for asset managers
On the appointment, chancellor Rachel Reeves said the government wants the FCA to go “further and faster” to help deliver economic growth.
Earlier this week, the FCA and Treasury announced a consultation on simplifying rules for asset managers.