The Financial Conduct Authority (FCA) has announced the appointment of Bryan Zhang to its board, citing his “extensive” experience in fintech, digital transformation, and Open Banking.
He will assume the role of non-executive director on 19 February 2024, for an initial three-year term.
Zhang is the co-founder and executive director of the Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School, where he has spearheaded research in emerging financial technologies.
Economic Secretary to the Treasury, Bim Afolami, said: “Ensuring that regulation keeps pace with technological developments is crucial to supporting innovation and competition in the financial services sector, whilst also ensuring that consumers are appropriately protected.
Bryan Zhang, co-founder and executive director, CCAF
“I am therefore delighted with the appointment of Bryan Zhang to the board of the FCA. Bryan has demonstrated expertise in technology-driven innovation in financial regulation, which will be of significant benefit to the FCA board.”
“Bryan brings with him a wealth of experience working at the forefront of innovation,” FCA chair Ashley Alder added.
“I know he will be an important asset to the board and his expertise will help the FCA keep pace with an ever-evolving landscape.”
Back in 2022, Zhang was appointed as independent chair of a Strategic Working Group (SWG) to provide industry and stakeholder insight to help shape the future development of Open Banking, by the co-chairs of the Joint Regulatory Oversight Committee.
The SWG delivered its final report in February 2023.
