Gwyneth Nurse appointed as Director General, Financial Services at HM Treasury

The Prime Minister has approved the appointment of Gwyneth Nurse as Director General, Financial Services at HM Treasury

Gwyneth Nurse will take up her new role at the beginning of January 2022, taking over from Katharine Braddick.

A trained tax inspector, Gwyneth joined HM Treasury in 2003 and has held a number of roles including Deputy Director, Assets, Savings and Wealth, and Deputy Director, Banking and Credit. She is currently Director, Financial Services.

The Director General of Financial Services is responsible for leading the delivery of HM Treasury’s work to promote stability, fairness, efficiency and competitiveness in financial services. She also leads the Treasury’s relationship with the Prudential Regulatory Authority and the Financial Conduct Authority, and will represent HM Treasury on the Bank of England’s Financial Policy Committee.

Information on the recruitment process:

• The recruitment campaign was a fair and open competition run according to Civil Service Commission rules
• It was advertised externally for four weeks. There were 21 applicants with three shortlisted for interview.

HM Treasury