The UK’s antitrust regulator Chief Executive Andrea Coscelli has confirmed he will step down from the role at the end of his current term in July 2022, reported the regulator.
Dr Coscelli joined the CMA as an Executive Director when it was created in 2013 and he has held the position of Chief Executive since July 2016. In March 2020 he was re-appointed as CEO for a further term of two years.
CMA Chair Jonathan Scott said “Andrea has given outstanding leadership to the CMA during a period of unprecedented change for the UK competition and consumer protection regime.
“As an Executive Director, he was integral to the creation of the CMA in 2013. Subsequently, as Chief Executive, he has led the organization through a period of transformation, as we took on substantial new responsibilities after the UK’s departure from the EU along with new functions including the Office for the Internal Market and the Digital Markets Unit.
Related: Promoting Competition Bulletin December 2021 by Andrea Coscelli
“I know I speak for the Board and for colleagues across the organization when I say we are immensely grateful for Andrea’s contribution and leadership, domestically and internationally, and for the significant and lasting impact he has had on the organization.”
CMA Chief Executive Andrea Coscelli said “By July I will have served for almost nine years as an Executive Director at the CMA, including six as Chief Executive. I feel now is the right time to confirm I will not be seeking another term.