Woolard is currently executive director of strategy and competition at the FCA.
The Financial Conduct Authority (FCA) has appointed Christopher Woolard as interim chief executive.
Woolard is currently executive director of strategy and competition and will take on the chief executive role following Andrew Bailey's departure to become Governor of the Bank of England.
Charles Randell, the FCA’s chair, said: “I’m looking forward to working with Chris in his interim chief executive role.
"I’m confident that he and executive committee colleagues will continue to deliver our ambitious plans for change in 2020 and beyond, building on the foundations laid by Andrew Bailey.”
Woolard added: “I’m delighted that I’ve been asked to take on this role.
"We have a huge job to do and I’m looking forward to working with the board and colleagues across the FCA as we continue to deliver the FCA’s mission.”
Woolard is also currently an executive member of the FCA’s board.
