Slaughter and May corporate heavyweight Charles Randell has been named as one of three independent directors of the new Prudential Regulation Authority (PRA), ahead of his retirement from the magic circle firm this August.
Randell, who has spent over 30 years at Slaughters after qualifying in 1982 and making partner in 1989, is one of the magic circle firm’s best-known partners, and has in recent years advised the Treasury on a range of matters arising from the credit crunch, including the collapse of Northern Rock and Bradford & Bingley, as well as the Icelandic banks crisis.
