UK Treasury have announced Sam Woods as CEO of the PRA and a Deputy Gov of the BOE
Says the BOE on their website:
Sam Woods, who was appointed for a renewable term of five years, will succeed Andrew Bailey, who will leave at the end of June. Sam will continue in his current role as Executive Director of Insurance until end June.
As the Bank's Deputy Governor for Prudential Regulation, Sam will have specific responsibility for the prudential regulation and supervision of banks, building societies, credit unions, insurers and major investment firms.
Sam will sit on the Bank's Court of Directors, the Financial Policy Committee, the Board of the Prudential Regulation Authority (which will become the Prudential Regulation Committee following Royal Assent of the Bank of England Bill) and the Board of the Financial Conduct Authority.
Sam will represent the Bank in international groups and institutions including the European Banking Authority and the Group of Governors and Heads of Supervision (GHOS), the oversight body of the Basel Committee on Banking Supervision.
Seems to me that Mr Woods will have a busy time over the course of his term.
Full release of the news here
