Financial Conduct Authority  

FCA’s transformation director Butler steps down

He is expected to join in February next year, while Scott will continue to work at the FCA part-time during a handover period.  

Rathi said: “Stephen’s extensive experience of advising ministers on such a wide range of legal issues and managing over 1000 lawyers will be invaluable given the scale and variety of the FCA’s remit. 

“I want to thank David for so ably leading the FCA’s legal function on a temporary basis. My colleagues and I have been – and will continue to be over the coming months – grateful for his wise advice.”

Roman added: "I'm delighted to be joining the excellent team at the FCA. This is a crucial period for consumers, financial markets and the FCA and I’m looking forward to starting."  

sonia.rach@ft.com

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