(Reuters) -Britain’s Competition and Markets Authority (CMA) is expected to name Clive Bannister as its new chair to replace Andrew Tyrie, the Financial Times reported on Wednesday, citing people with knowledge of the process.
The new appointment was expected to be announced next week, after Tyrie said he would step down in September 2020 and Jonathan Scott was appointed the interim chair.
The competition watchdog has also opted to appoint Sarah Cardell, its general counsel, as interim chief executive officer after Andrea Coscelli earlier this year announced his departure in July, the report https://www.ft.com/content/feed754c-2365-467d-9b93-443c37897eac?FTCamp=engage/CAPI/app/Channel_Refinitiv//B2B said.
The government is not expected to start the official search for a permanent CEO until after the summer, the FT said.
Although Bannister is the preferred candidate, one government official cautioned that the final decision had not yet been made by Business Secretary Kwasi Kwarteng, the newspaper said.
A query sent by Reuters to the CMA was redirected to the Department of Business, Energy and Industrial Strategy.
(Reporting by Jahnavi Nidumolu in Bengaluru, Editing by Franklin Paul and Marguerita Choy)
