London Stock Exchange's Rathi to head UK financial watchdog

LONDON, June 22 (Reuters) - Nikhil Rathi, currently chief
executive of the London Stock Exchange's UK arm, has been
appointed as chief executive of the Financial Conduct Authority,
Britain's finance ministry said on Monday.

"In the years ahead, we will create together an even more
diverse organisation, supporting the recovery with a special
focus on vulnerable consumers, embracing new technology, playing
our part in tackling climate change, enforcing high standards
and ensuring the UK is a thought leader in international
regulatory discussions," Rathi said in a statement from the
finance ministry.

The FCA has been led on an interim basis by Christopher
Woolard since March, when the then CEO Andrew Bailey left to
become governor of the Bank of England.

(Reporting by Huw Jones; editing by Marc Jones)