Andrew Bailey has been confirmed today as the new Governor of the Bank of England after three years as chief executive of the Financial Conduct Authority.

Financial mutual LV= has recruited Mark Hartigan from Zurich to be its interim chief executive with effect from 1 January on an initial 12 month contract, subject to regulatory approval.

Richard Rowney, chief executive of mutual provider LV=, is to step down as chief executive and a member of the board at the end of the year.

The chief executive of wealth manager and investment provider Close Brothers Group, Preben Prebensen, is to step down as CEO after 10 years to pursue new interests.