The Financial Conduct Authority announced two senior leadership appointments, naming Chris Knight as director of insurance within its Supervision, Policy and Competition division and confirming David Lymburn’s move to the Payment Systems Regulator (PSR) as interim deputy managing director. Knight will join in July 2026 from Legal & General, where he has been group chief risk officer for five years and previously served as chief executive officer of Legal & General Retail Retirement for three years. Lymburn joined the PSR on 23 February 2026, bringing experience including roles as chief operating officer and global payments programme director at Nordea Bank and payments positions at the Royal Bank of Scotland and Lloyds Banking Group. Lymburn will serve on an interim basis while permanent recruitment for the PSR role takes place.