FCA appoints Richard Lloyd as acting chair

Whilst the search continues, Richard Lloyd, senior independent director of the FCA board, will act as interim chair from 1 June. Meanwhile, Aidene Walsh will act as interim chair of the Payment Systems Regulator (PSR) from 1 April. Lloyd is chair of the Independent Parliamentary Standards Authority and vice-chair of the Money and Mental Health Policy Institute. He has previously held executive positions at Which?, Consumers International and Shelter. Walsh is currently a non-executive director of the PSR, and an executive director with Banking Competition Remedies Ltd (BCR). Prior ...