Sophie Hutcherson has been reappointed as a Non-Executive Director to the FCA Board by the Economic Secretary to the Treasury.
Following her reappointment, Sophie will continue to serve on the FCA Board for a second 3-year term to expire 16 April 2029. Her first 3-year term will end on 16 April 2026 before her new term begins.
Sophie brings over 30 years’ senior experience in financial services, with previous roles at Wells Fargo, Deutsche Bank UK, and Lehman Brothers. She is a Fellow of the Chartered Association of Certified Accountants and also holds a number of other non-executive roles, all unrelated to her FCA Board position, including directorships at Yacht Fractions Ltd and Bellecapital.
Ashley Alder, chair of the FCA said:
'I'd like to congratulate Sophie Hutcherson on her reappointment. We will continue to benefit from her wealth of commercial experience and counsel as the Board focuses on delivery of the FCA's strategy.'
Lucy Rigby, economic secretary to the Treasury, Lucy Rigby, said:
'I am pleased to confirm the reappointment of Sophie Hutcherson to the FCA Board. Sophie’s extensive experience and skills will continue to support the FCA’s important work to reform regulation and support the government’s growth mission.'
About the appointment process
Reappointments are not automatic, and each case is considered on its own merits. Sophie Hutcherson’s reappointment was made in line with the requirements of the Governance Code on Public Appointments.
Sophie Hutcherson has confirmed that she has not engaged in any political activity in the last 5 years.