Executive committees

Find out how our management structure operates to ensure markets work well so that customers get a fair deal.

Executive Committee

The Executive Committee (ExCo) is the highest ranking executive decision-making body of the FCA, and discusses issues across all areas of the organisation. It oversees the strategy, direction and activity of the FCA in general, including delivery of the FCA’s annual Business Plan. It is responsible for monitoring the direction and performance of the organisation within the strategic framework set by the Board.

Members

Andrew Bailey

​Megan Butler

Jonathan Davidson

Georgina Philippou 

Mark Steward

Christopher Woolard​​

Barbara Frohn (Adviser)

Sean Martin (Adviser)

Executive Regulatory Issues Committee

The Executive Regulatory Issues Committee is chaired by Andrew Bailey. The Executive Regulatory Issues Committee is a sub-committee of ExCo and is responsible for taking decisions on regulatory issues escalated to it from across the FCA. This may include but is not limited to firm, sector or product specific issues.

Policy Steering Committee

The Policy Steering Committee is chaired by Christopher Woolard. The Policy Steering Committee is a sub-committee of ExCo and is responsible for maintaining oversight of all policy initiatives within the FCA and overseeing draft guidance for consultation. It scrutinises and challenges the policy development process to ensure new policies are based on sound evidence and analysis eg, economic and cost-benefit analysis.

Executive Operations Committee

The Executive Operations Committee is chaired by Georgina Philippou. The Executive Operations Committee is a sub-committee of ExCo and is responsible for monitoring the FCA’s economic and efficient use of resources, internal risk management, people strategy and culture, and operating platform and resilience.

Executive Diversity Committee

The Executive Diversity Committee is chaired by Christopher Woolard. The Executive Diversity Committee (EDC) is a sub-committee of ExCo and leads the FCA’s internal and external diversity and inclusion agenda, in support of making the FCA an employer of choice and a more effective regulator. The EDC’s role includes providing direction and taking decisions on diversity-related matters affecting the FCA and championing diversity within the FCA.