FCA appoints deputy CEO to help drive “ambitious new strategy”

The Financial Conduct Authority (FCA) has today announced the appointment of Sarah Pritchard as deputy CEO to help drive its “ambitious new strategy.”

Related topics:  FCA,  New Hire
Tabitha Lambie | Editor, Protection Reporter
10th June 2025
glowing FCA logo in the dark with a hand touching it
"I’m looking forward to working even more closely with Nikhil, so there is no let-up in the pace of change, and to ensure we have the right relationships, domestically and internationally, to deliver our ambitious strategy."
- Sarah Pritchard, deputy CEO of the FCA

Sarah Pritchard joined the Financial Conduct Authority (FCA) in 2021 to jointly lead the supervision, policy, and competition division. She was most recently responsible for consumers and competition, previously leading the FCA’s markets function. 

In her new role, Sarah will support the FCA’s increasingly international focus, given its role supporting UK growth and competitiveness. This position was created to reflect the FCA’s expanding remit, with the integration of the Payment Systems Regulator.

“The last four years have been marked by significant reform. I’m looking forward to working even more closely with Nikhil, so there is no let-up in the pace of change, and to ensure we have the right relationships, domestically and internationally, to deliver our ambitious strategy,” she said. 

Sarah has already started this new role, so there will be no immediate changes to her areas of responsibility. 

Nikhil Rathi, CEO of the FCA, commented: “Delivering our ambitious new strategy – to deepen trust, rebalance risk, support growth, and improve lives – is a collective endeavour and relies on continued reform. Sarah’s breadth of experience in both public and private sectors makes her ideally placed to help me drive this forward.” 

“The international environment is complex, and our remit is growing – as are expectations for us to continue to evolve. The board supports Sarah in taking on the role of deputy CEO to help Nikhil lead the FCA day-to-day and cultivate our key relationships,” added Ashley Alder, chair of the FCA.

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