The Financial Conduct Authority (FCA) has appointed non-executive chair of the London Stock Exchange (LSE) Michael Findlay, as chair of its independent ‘markets practitioner panel’.

Mr Findlay will take up the post from 1 July 2021, succeeding interim chair Tim Waddell, an EMEA executive at Bank of America.

The FCA’s chair Charles Randell said Mr Findlay would bring “deep capital markets and corporate experience”.

“Well-functioning capital markets will remain vital to support the economy as the UK starts to recover from the impact of the pandemic, he said via press statement.

“We will c...