The UK Law Soc Gazette
Sarah Rapson will leave her current position as executive director of supervision at the Financial Reporting Council and will formally take up the SRA job towards the end of this year.
She replaces Paul Philip who is leaving the organisation after more than a decade. Her in-tray will include guiding the SRA through the final year of its current corporate strategy and dealing with the aftermath of last year’s Axiom Ince report from the Legal Services Board. Another LSB report into the handling of the SSB Law collapse could have been published before her start date.
Rapson said: ‘I’m honoured to be asked to lead the SRA at such a pivotal moment for the legal sector. As we enter a new chapter, we’ll continue to navigate the opportunities and challenges brought by emerging technologies and evolving ways of working.
During 2023/24 the chief executive’s remuneration was £414,800, up from £391,600 the year before.
Rapson previously served on the board of the UK Home Office and was the first director-general of UK Visas and Immigration and chief executive of HM Passport Service. In her earlier career she was in retail financial services at American Express, Barclays and Woolwich and she holds an MBA from London Business School.
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