Megan Butler will join as director of supervision – investment, wholesale, and specialists, while Christopher Woolard has been appointed as director of strategy and competition.
Butler – formerly chief counsel for markets at the regulator – takes over from Tracey McDermott, who will step up to acting chief executive following Wheatley’s departure in September.
She has held supervisory roles at the Bank of England and joined the Financial Services Authority in 2000 following a stint at the London Stock Exchange in a variety of legal and non-legal roles.
Wollard – whose three year appointment begins on 1 August – joined the FCA in January 2013 as director of policy, risk and research, which became strategy and competition in December 2014.
He was previously group director and content board member at Ofcom, and has spent most of his career in regulation or policy development, including roles at the BBC and the department of trade and industry.
On his appointment, FCA chairman John Griffith-Jones said: “[Wollard] has been a vital member of the FCA’s executive committee since the inception of the organisation, in particular shaping the strategy launched in December last year and our approach to competition.”
Wheatley was removed from his role as chief executive at the city watchdog after chancellor George Osborne decided not to renew his contract in search of “different leadership” at the regulator.
He has previously announced his disappointment at leaving “unfinished business” at the regulator.
