Andy Mielczarek appointed to FCA’s Smaller Business Practitioner Panel

30o May 2022

The Financial Conduct Authority (FCA) has appointed Andy Mielczarek, founder and CEO of Chetwood Financial, as the Chair of the FCA Smaller Business Practitioner Panel, succeeding Marlene Shiels.

The Smaller Business Practitioner Panel is an independent, statutory panel representing the interests of those who work in small or medium sized financial services companies. Its role is to advise and challenge the FCA as it develops policy and its regulatory approach.

Andy will take up his role on 1 June 2022 for a three-year term following an open recruitment process.

Welcoming the appointment FCA Chair Charles Randell said:

“Marlene made a significant contribution as the FCA responded at speed to the pandemic, helped markets navigate the UK’s departure from the EU and as we transformed as an organisation. I am incredibly grateful for her advice. I welcome Andy into his new role, and I am confident he will continue the Panels excellent work ensuring our regulation is targeted, effective and delivers for consumers and markets."

Andy Mielczarek said: “I am delighted to take on the role as Chair of the FCA Smaller Business Practitioner Panel. The vast majority of FCA regulated firms are smaller businesses, and the Panel plays a vital role in connecting those firms with the FCA to maintain a constructive dialogue with our regulator and make sure that regulation is fair and effective. With the challenges that we expect in the economy over the coming months, this dialogue will be more important than ever to make sure that we are able to respond in the best way to any challenges that arise. I look forward to continuing the work of the Panel to help the FCA meet its strategic objectives.”