The Financial Conduct Authority (FCA) has reappointed Sophie Hutcherson as non-executive director of its board.

The Economic Secretary to the Treasury, Lucy Rigby, reappointed Hutcherson. Following her reappointment, she will continue to serve on the FCA Board for a second three-year term until 16 April 2029. Her first three-year term will end on 16 April 2026, before the new term begins. Hutcherson has over 30 years of experience in financial services, with previous roles at Wells Fargo, Deutsche Bank UK, and Lehman Brothers. She is a fellow of the Chartered Association of Certified Accountants and holds several other non-executive roles, including directorships at Yacht Fractions Ltd and Bellecapital. Commenting on the appointment, Rigby said: “I am pleased to confirm the reappointment of Sophie Hutcherson to the FCA Board. Sophie’s extensive experience and skills will continue to support the FCA’s important work to reform regulation and support the government’s growth mission.”

Lloyds Banking Group has announced the appointment of Peter Fitzgerald as chief investment officer.

In his new role, Fitzgerald will oversee investment strategy and fund management across Scottish Widows and the recently acquired Schroders Personal Wealth business. He joins from Aviva Investors, where he held the position of chief investment officer, multi-asset & macro. Fitzgerald has more than 25 years of expertise in multi-asset investing, macro strategy, and portfolio management, and has held senior roles at BNP Paribas Wealth Management and Insinger de Beaufort. Fitzgerald will succeed Kevin Doran, who will leave the group early next year.

Smart has appointed Phillip Bretnall as senior adviser.

To his new role, Bretnall brings more than 40 years of experience in the global retirement and pensions industry. For the past eight years, he has been based in Hong Kong with HSBC, serving as CEO of HSBC Provident Fund Trustee (Hong Kong) Limited and as head of global trustee and fiduciary services, Asia Pacific. He has also overseen pensions governance for occupational retirement schemes ordinance (ORSO) schemes under HSBC’s trusteeship. He brings deep knowledge of the region’s retirement systems, supported by extensive regulatory and operational experience across Hong Kong, Australia, and the UK. His background includes serving as chief operating officer, holding senior roles in outsourced pension administration, and contributing to regulatory oversight at The Pensions Regulator.

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