FRC's Executive Director of Supervision announced as new head of SRA
News types: Generic Announcement
Published: 26 June 2025
The Financial Reporting Council (FRC) has today confirmed that Sarah Rapson, Executive Director of Supervision, will step down from her role at the FRC to become the new Chief Executive Officer of the Solicitors Regulation Authority (SRA).
Sarah, who has served in the position at the FRC since 2021, will remain in post until later this year.
During her tenure at the FRC, Sarah has played an important role in strengthening the organisation's supervisory capabilities and led the regulator as Deputy CEO, ahead of the arrival of Richard Moriarty. The FRC has started the public process for recruiting Sarah’s successor.
Richard Moriarty, Chief Executive Officer of the FRC, said:
"While I am sorry to see Sarah leave the FRC, this is an excellent appointment for both Sarah and the SRA. Sarah has been particularly key in developing our supervisory approach and capabilities. She will be a great asset to the SRA and I wish her all the best."