The Stratford-based FCA’s previous chair stepped down a year early
(Picture: REUTERS)The City’s watchdog has announced the appointment of a new chairman, poaching Ashley Alder, the current chief executive of Hong Kong’s main financial regulator.
Alder will take up the job at the Financial Conduct Authority in January having been appointed by the Treasury for an initial term of five years. He started his career in London as a lawyer in 1984, and has worked in Hong Kong for over 20 years, becoming CEO of the Securities and Futures Commission in 2011. He already sits on the Financial Stability Board’s steering committee and chairs the International Organization of Securities Commissions.
