Ashley Alder Appointed New PSR Board Chair

The PSR Board has today confirmed the appointment of Ashley Alder as its new Chair. The appointment comes following the end of Aidene Walsh’s term and he takes up his post with effect from 26 January 2026.

Ashley is also the Chair of the FCA, and his appointment is made at an important time for payments regulation, as the Government has planned for the consolidation of the PSR into the FCA.

Commenting on the appointment, Ashley said:

“I am pleased to have been appointed Chair of the PSR as it progresses its consolidation with the FCA. I look forward to working with the PSR Board and the Executive over the coming months.

“I also want to thank the outgoing Chair, Aidene Walsh. She has provided excellent leadership of the PSR Board, superb counsel and guidance across the PSR's work and made a valuable contribution to the FCA Board as a non-executive member. I wish her all the best in her future endeavours.”

Outgoing Chair, Aidene Walsh said:

“I’m delighted that Ashley has been appointed to chair the PSR Board to provide the necessary and important continuity required as the PSR consolidates into the FCA. I would like to thank David Geale and the PSR leadership team for all their efforts during my tenure and the PSR and FCA Boards for their support. I am proud that my time on the PSR Board has seen significant positive change in payments regulation delivering strong outcomes across the PSR statutory objectives. I know that this will be further enhanced with the transition into the FCA.”

Aidene is also stepping down from her role as a non-executive director on the FCA Board and her last day in post in both roles is 25 January 2026.