In Focus: 10 years of RDR  

Treasury committee approves FCA chair despite 'inexperience'

Alder’s last permanent predecessor was Charles Randall, who also had a background in law before becoming a member of the Bank of England’s Prudential Regulation Committee in April 2013.

Randall took up his post at the FCA in 2018, leaving a year early in spring 2022. Since then, interim chair Richard Lloyd has looked after the role.

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ruby.hinchliffe@ft.com