Bryan Zhang, co-founder and government director of the Cambridge Centre for Various Finance (CCAF) on the College of Cambridge Decide Enterprise Faculty, has been appointed to the board of the Monetary Conduct Authority (FCA).
Fintech professional Zhang was appointed by the Financial Secretary to the Treasury Bim Afolami, and can take up his function as a non-executive director on 19 February 2024, serving an preliminary three-year time period.
“Making certain that regulation retains tempo with technological developments is essential to supporting innovation and competitors within the monetary companies sector, while additionally guaranteeing that customers are appropriately protected,” mentioned Afolami.
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“I’m subsequently delighted with the appointment of Bryan Zhang to the board of the FCA.
“Bryan has demonstrated experience in technology-driven innovation in monetary regulation, which shall be of great profit to the FCA board.”
FCA chair Ashley Alder mentioned that Zhang has “a wealth of expertise working on the forefront of innovation.”
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“I do know he shall be an vital asset to the board and his experience will assist the FCA hold tempo with an ever-evolving panorama,” Alder added.
In 2022, Zhang was appointed as chair of a brand new strategic working group aimed toward creating and inspiring uptake of open banking within the UK in a recruitment course of led by the FCA and the Fee Techniques Regulator (PSR).
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