HM Treasury has confirmed the appointment of Julia Black, Anita Kimber, John Ball and Stéphane Malrait as Non-Executive Directors to the Board of the Financial Conduct Authority (FCA), alongside a one-year extension of Richard Lloyd’s second term as a Non-Executive Director. Black and Kimber will start on 12 May 2025, Ball on 27 May 2025, and Malrait on 20 October 2025. Each new appointee will serve an initial three-year term, while Lloyd’s extended term will now conclude on 31 March 2026. The appointments add experience across financial regulation and academia, technology and data transformation, pensions, and market structure and innovation. All appointments are subject to vetting and security clearances that are in progress. HM Treasury said the selections followed a fair and open recruitment process and that FCA board appointments are regulated by the Office of the Commissioner for Public Appointments.
HM Treasury 2025-04-29
UK HM Treasury appoints four new non-executive directors to the Financial Conduct Authority board and extends Richard Lloyd’s term
HM Treasury appointed Julia Black, Anita Kimber, John Ball, and Stéphane Malrait as Non-Executive Directors to the FCA Board, extending Richard Lloyd's term by one year. The appointees bring expertise in financial regulation, technology, pensions, and market innovation, pending vetting and security clearances. The recruitment process was fair and open, per the Office of the Commissioner for Public Appointments regulations.