Chancellor, Rachel Reeves, has announced the appointments of four new non-executive directors to the Financial Conduct Authority’s (FCA) board.

Reeves also extended Richard Lloyd’s second term as a non-executive director on the FCA’s board for an additional one-year term.

Lloyd has been a member of the board since April 2019 and is currently chair of the Policy and Rules Committee, having previously been its deputy chair and interim chair.

Former EY partner, Anita Kimber, who has also led large practices at PwC and IBM, and former Prudential Regulation Committee external member, Professor Julia Black, were appointed as non-executive directors at the FCA for initial three-year terms, starting 12 May.

The Chancellor also appointed former WTW global managing director, pensions practice, John Ball, and former ING Bank managing director, and global head of market structure and innovation for financial markets, Stéphane Malrait, to the board as non-executive directors for three-year terms, starting 27 May and 20 October respectively.

Commenting on the appointments, FCA chair, Ashley Alder, said: “I’m delighted to welcome Julia, Anita, John and Stéphane to the FCA board.

“Together, they bring a wealth of experience and insight across the financial services sector. I look forward to working with them as we deliver our ambitious new five-year strategy.

“I’d also like to congratulate Richard Lloyd on his reappointment, which ensures we continue to benefit from his invaluable counsel in the months ahead.”

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