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Evening Standard

Business

Henry Saker-Clark

Barclays executive Braddick to lead UK banking regulator

Barclays Sam Woods United Kingdom the Prudential Regulation Authority Bank of England PRA

Katharine Braddick will be the next chief executive of the Prudential Regulation Authority and deputy governor for prudential regulation at the Bank of England (PA) - (PA Archive)

An executive at Barclays is to take over as the head of the UK’s banking watchdog, in a move expected to underscore Government efforts to cut red tape in the sector.

Katharine Braddick is to replace Sam Woods as the next chief executive of the Prudential Regulation Authority (PRA) and deputy governor for prudential regulation at the Bank of England when he leaves the role at the end of June.

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