The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have appointed Martyn Beauchamp as chief executive officer of the Financial Services Compensation Scheme (FSCS), moving him from interim CEO to the permanent role. Beauchamp has served as interim CEO since October 2023 and oversaw the FSCS’s transition to a new operating model during that period. The appointment was made by the Prudential Regulation Committee and the FCA Board with the approval of HM Treasury, and Beauchamp will also serve as an executive director on the FSCS Board. He takes up the roles immediately. The announcement follows Elizabeth Passey’s appointment as chair of the FSCS board on 1 October 2024.
Financial Conduct Authority 2025-03-06
Financial Conduct Authority and Prudential Regulation Authority appoint Martyn Beauchamp as Financial Services Compensation Scheme CEO
The Financial Conduct Authority and the Prudential Regulation Authority have appointed Martyn Beauchamp as the permanent CEO of the Financial Services Compensation Scheme, transitioning from his interim role since October 2023. Beauchamp will also serve as an executive director on the FSCS Board. The appointment was approved by the Prudential Regulation Committee, the FCA Board, and HM Treasury.