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StanChart hires ex-UK FCA acting CEO

Standard Chartered Plc appointed Tracey McDermott global head of corporate, public and regulatory affairs, effective March 20.

Based in London, McDermott will report to group CEO Bill Winters.

She was formerly acting CEO of the U.K. Financial Conduct Authority from September 2015 to June 2016. Prior to this, she held a number of senior roles at the FCA with responsibility for conduct regulation of the U.K.'s financial services sector, including director of supervision and authorizations, and director of enforcement and financial crime.

She was a member of the financial policy committee of the Bank of England, and a nonexecutive director of the Prudential Regulation Authority from September 2015 until June 2016.

Steve Atkinson, current group head of corporate affairs, will take up a new role as Winters' chief of staff, effective from March 20.