On 15 February 2024, the Economic Secretary to the Treasury Bim Afolami appointed Bryan Zhang to the board of the Financial Conduct Authority (FCA). Mr Zhang, who is a Co-Founder and the Executive Director of the Cambridge Centre for Alternative Finance at the Cambridge Judge Business School, will take up a role as Non-Executive Director on 19 February 2024 serving an initial three-year term.

Commenting on the appointment, Mr Afolami said: “I am delighted with the appointment of Bryan Zhang to the Board of the FCA. Bryan has demonstrated expertise in technology-driven innovation in financial regulation, which will be of significant benefit to the FCA Board”. In addition, FCA Chair Ashley Alder said: “Bryan brings with him a wealth of experience working at the forefront of innovation. I know he will be an important asset to the board and his expertise will help the FCA keep pace with an ever-evolving landscape.”