Ashley Alder takes FCA chair

Currently the chief executive of the Securities and Futures Commission (SFC) in Hong Kong, a role he has held since 2011, Alder will take up the chair position with the FCA in January next year. Alder has practiced law in Hong Kong for over two decades and also chairs the Board of the International Organization of Securities Commissions (IOSCO) and sits on the Financial Stability Board's Plenary and its Steering Committee. He will replace current interim chair Richard Lloyd, who was installed at the start of June following the departure of Charles Randall. Lloyd will continue in the i...