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flag Katharine Braddick appointed UK deputy governor for prudential regulation, succeeding Sam Woods in July 2026.

flag Katharine Braddick has been appointed as the UK’s next deputy governor for prudential regulation at the Bank of England and CEO of the Prudential Regulation Authority, succeeding Sam Woods in July 2026 for a five-year term. flag The appointment, confirmed by the King and Chancellor Rachel Reeves, highlights the government’s aim to balance strong financial regulation with a more growth-oriented approach. flag Braddick, a former regulator and current Barclays executive, brings extensive experience from both the public and private sectors, including during the 2008 financial crisis. flag She will lead oversight of banks and insurers, with the Bank of England emphasizing her role in strengthening financial stability while supporting economic growth and competitiveness.

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