The United Kingdom’s Financial Conduct Authority (FCA) has announced Hong Kong's CEO of Securities and Futures Commission of Hong Kong as its new Chair, with the scheduled projection for his term to commence in January 2023.
Alder is a veteran when it comes to financial market regulation and besides his background as a lawyer, he currently serves as the CEO of the Securities and Futures Commission of Hong Kong. Alder will bring his broad experience from managing Hong Kong’s SFC since 2011 as well as his broad expertise as the elected Chair of the International Organisation of Securities Commissions to the FCA.
"It’s a great privilege to have the opportunity to Chair the FCA, whose core work is so vital to the financial health of consumers,” Ashley Alder said in a statement, adding that he “also values the opportunity to contribute to a crucial phase in the FCA’s history as it helps chart the UK’s post-Brexit future as a global financial centre which continues to support innovation...
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