Current FCA chief executive Andrew Bailey will stand down from both the FCA and PSR Boards on 15 March.
The Treasury has appointed two non-executive directors to the Financial Conduct Authority (FCA) Board.
Jeannette Lichnerand Bernadette Conroy will each serve three-year terms beginning on 1 April 2020 and 1 August 2020 respectively.
They will join the Board as Amelia Fletcher OBE and Catherine Bradley CBE step down following the end of their terms as non-executive directors, having served since April 2013 and August 2014 respectively.
The Economic Secretary to the Treasury, John Glen, said: 'The work of the FCA is crucial in ensuring we continue to have a world-leading financial services sector.
'I am therefore delighted to announce the appointments of Bernadette Conroy and Jeannette Lichner to the FCA Board. Their expertise and knowledge will be highly valuable to the FCA as it carries out its vital role.'
Charles Randell, chair of the Financial Conduct Authority, added: "I’m delighted to welcome Jeannette and Bernadette to the FCA Board. They have extensive combined experience both in financial services and a range of public service organisations.
"I would also like to thank Amelia and Catherine for their valuable support and challenge to the FCA."
Current FCA chief executive Andrew Bailey will stand down from both the FCA and PSR Boards on 15 March.
