The FCA has appointed Georgina Philippou as its chief operating officer and made Linda Woodall director of life insurance and advice.
Philippou is currently acting director for enforcement and market oversight and will take up her new role in November.
She was previously director of strategy and delivery in the regulator’s enforcement and financial crime division.
The appointment means the FCA has filled all its executive director positions following a strategic review in December.
The regulator has also announced that chief operating officer David Godfrey will become director of finance and operations.
Woodall, who was previously acting director of supervision – retail and authorisations, now takes responsibility for supervising advisers and pension providers.
FCA acting chief executive Tracey McDermott says: “Georgina brings a wealth of regulatory experience here and overseas that’s invaluable in ensuring that the FCA is able to operate effectively across all its priorities and objectives.
“As the demands on the organisation increase, it’s imperative that we prioritise effectively and use our resources in the most efficient manner.
“Georgina’s extensive experience and wide knowledge of the approaches of international regulators means she is well placed to know what we need to be able to perform and deliver value for money at the level expected by ourselves and by the industry.”