Nikhil Rathi

{{Short description|British regulatory executive (born 1979)}}

{{Use dmy dates|date=July 2020}}

{{Use British English|date=July 2020}}

{{Infobox person

| birth_date = {{birth date and age |df=y|1979|8|5}}

| alma_mater = St Anne's College, Oxford

| nationality = British

| occupation =

| years_active =

| known_for =

| spouse =

| children = 3

}}

Nikhil Rathi (born 5 August 1979) {{cite web |url= https://www.fca.org.uk/news/press-releases/nikhil-rathi-appointed-new-chief-executive-fca |title= Nikhil Rathi appointed as new Chief Executive of the FCA|author= |date= 22 June 2020|website= www.fca.org.uk|publisher= Financial Conduct Authority|type = Press release|access-date= 22 June 2020|quote=}} is the chief executive of the UK's Financial Conduct Authority (FCA).

Early life

Rathi is of Indian descent, and grew up in Barrow-in-Furness, Cumbria, the son of Madhu and Dr Rajendra Rathi, a local magistrate, having moved there aged three.{{Cite web|url=https://www.nwemail.co.uk/news/barrow/16463309.former-barrow-man-is-stock-exchange-chief/|title=Former Barrow man is stock exchange chief|website=The Mail|date=29 September 2015 }}{{Cite web|url=https://www.lseg.com/resources/media-centre/press-releases/nikhil-rathi-appointed-ceo-london-stock-exchange-plc-0|title=Nikhil Rathi Appointed CEO of London Stock Exchange Plc|website=London Stock Exchange Group}} He was educated at Chetwynde School, followed by St Anne's College, Oxford, where he earned a first-class degree in Philosophy, Politics and Economics.{{Cite web|url=https://lists.efinancialnews.com/40_under_40/trading_technology/2015/?mod=linkedin-btn|title=Nikhil Rathi, London Stock Exchange Group|website=lists.efinancialnews.com}} He was the Cumbria under-12 tennis champion.

Career

From 2005 to 2008, Rathi was Private Secretary to UK Prime Ministers Tony Blair and Gordon Brown.

Rathi worked for HM Treasury from 2009 to 2014, and was director of the financial services group, leading the UK's EU and international financial services interests.{{Cite web|url=https://www.ftadviser.com/regulation/2020/06/22/fca-names-chief-executive/|title=FCA names Nikhil Rathi as chief executive - FTAdviser.com}}

In May 2014, Rathi joined the London Stock Exchange (LSE) as chief of staff and director of international development, and in 2015, was appointed CEO, working under Group CEO Xavier Rolet.

In June 2020, HM Treasury appointed Rathi to be the new chief executive at the UK’s Financial Conduct Authority, succeeding Andrew Bailey, after his appointment as the Governor at the Bank of England in March 2020, and Christopher Woolard, who acted as interim CEO.{{cite news |last1=Shapland |first1=Mark |title=Financial Conduct Authority appoints Nikhil Rathi new chief executive |url=https://www.standard.co.uk/business/fca-nikhil-rathi-chief-executive-treasury-a4475941.html |accessdate=22 June 2020 |work=Evening Standard |date=22 June 2020}} Rathi took over in October 2020. {{cite web| url=https://www.fca.org.uk/about/executive-committees/nikhil-rathi|title = Nikhil Rathi| website= www.fca.org.uk|date = 7 April 2016|publisher= Financial Conduct Authority| access-date = 4 March 2021}} In April 2025, Rathi was reappointed for another five year term.{{Cite web |last=Lyon |first=Ali |date=2025-04-10 |title=Nikhil Rathi reappointed FCA chief |url=https://www.cityam.com/nikhil-rathi-reappointed-fca-chief/ |access-date=2025-04-10 |website=City AM |language=en-GB}}

Personal life

Rathi is married, has three children, and lives in London.

References