Richard Lloyd has become Interim Chair of the UK Financial Conduct Authority (FCA) taking over from Charles Randell. He joined the FCA Board in April 2019. The FCA is an independent authority, accountable to UK HM Treasury and to Parliament. The Chair of the FCA is appointed by HM Treasury. Charles Randell took up his role as Chair of the FCA and Payment Systems Regulator’s (PSR) Boards in April 2018 until his resignation on 31 May 2022. Aidene Walsh has been Interim Chair of the PSR since 1 April 2022.
Alongside his role at the FCA, Richard Lloyd also chairs the Independent Parliamentary Standards Authority and is a Council member of the Advertising Standards Authority. He was a founding trustee of the Money and Mental Health Policy Institute and led Which?, a UK consumer association organization raising awareness of consumer rights and offering independent advice, as executive director from 2011 to 2016.