The UK Financial Conduct Authority (FCA) Makes Senior Appointments To Drive Its Transformation Date
25/02/2021
As part of its transformation programme to build a data-led regulator able to make fast and effective decisions, the FCA announced a restructure in December. This brought together two supervision divisions with the FCA’s policy and competition functions. Following rigorous and wide-ranging recruitment processes, Nikhil Rathi, Chief Executive of the FCA since October, has now made four further appointments to the FCA’s executive team:
- Stephanie Cohen will be the FCA’s Chief Operating Officer (COO).
- Jessica Rusu will join the FCA’s as its first Chief Data, Information and Intelligence Officer (CDIIO).
Third-Quarter Highlights:
10-year annualized net return of 10.8%
TORONTO, Feb. 11, 2021 /CNW/ - Canada Pension Plan Investment Board (CPP Investments) ended its third quarter of fiscal 2021 on December 31, 2020, with net assets of $475.7 billion, compared to $456.7 billion at the end of the previous quarter.
The $19.0 billion increase in net assets for the quarter consisted of $23.0 billion in net income after all CPP Investments costs less $4.0 billion in net Canada Pension Plan (CPP) outflows. CPP Investments routinely receives more CPP contributions than required to pay benefits during the first part of the calendar year, partially offset by benefit payments exceeding contributions in the final months of the year.