New chairs appointed for FCA practitioner panels

New chairs have been introduced for the Monetary Conduct Authority’s (FCA) Impartial Practitioner Panel and Markets Practitioner Panel.

Tulsi Naidu, chief government of Zurich within the UK, turns into chair of the FCA Practitioner Panel from August 2019. She has been a member of the panel since 2017 and succeeds Anne Richards, chief government of Constancy Worldwide.

Nikhil Rathi, chief government officer of London Inventory Change plc, turns into chair of the FCA Markets Practitioner Panel from this month. He has been a member of the Panel since 2015 and succeeds John Trundle, chief government officer of Euroclear UK & Eire. Rathi can be a member of the FCA Practitioner Panel.

The FCA Practitioner Panels are unbiased statutory our bodies that symbolize the pursuits of the monetary companies business throughout the UK’s regulatory framework. Panel members are recruited to symbolize each their very own sector and the business as a complete, fairly than particular person corporations.

FCA chair Charles Randell mentioned: “Each Tulsi and Nikhil have served on the Panels for quite a few years and are nicely positioned to guide the Panels in supporting the FCA to be a focused and efficient regulator. The work of the Panels has by no means been extra necessary, given the extent of the modifications in our world, together with Brexit. I sit up for the strong however constructive problem they are going to present, and to working with them each of their new roles.

“I'd additionally wish to thank Anne and John for his or her vital contribution to the work of the Panels as each members and chairs.”