FCA appoints payments and digital finance director

The FCA has appointed David Geale as the permanent executive director for payments and digital finance, and managing director of the PSR (while it remains in place). He will also:

• be responsible for helping to deliver the National Payments Vision;
• drive the FCA’s work on open banking and open finance; and
• be responsible for the FCA’s role in supervising payments and cryptoasset firms.

Emad Aladhal has been appointed permanent director of retail banking and Angela Bowe of the specialist directorate.