Regulatory Alerts2026-02-27
Katharine Braddick Appointed as Next Deputy Governor for Prudential Regulation at the Bank of England
The Bank of England and HM Treasury have appointed Katharine Braddick as the next Deputy Governor for Prudential Regulation and Chief Executive of the PRA, succeeding Sam Woods in June 2026. In this five-year role starting 1 July, she will lead the supervision of banks, insurers, and major investment firms while advancing a pro-growth regulatory agenda that supports lending, reduces compliance burdens for SMEs and first-time buyers, and maintains financial resilience. Braddick’s combined private-sector banking experience and public policy expertise will ensure the UK remains a competitive global financial hub while upholding robust prudential standards.
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