McDermott exits FCA on July 1
Tracy McDermott has been chief of the UK regulator since Martin Wheatley stepped down in September 2015
Tracey McDermott, acting chief executive of the Financial Conduct Authority (FCA), will leave the organisation on July 1, when Andrew Bailey steps into the role on a permanent basis.
London-based McDermott has worked as chief of the UK regulator since Martin Wheatley stepped down in September 2015. On January 7, she withdrew from the process of appointing a new chief executive.
"Tracey has done a terrific job, leading the FCA over the last seven months, building on the enormous contribution she
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