CMA chief Coscelli reappointed

Business Secretary, Alok Sharma, has reappointed Dr Andrea Coscelli as chief executive officer of the Competition and Markets Authority.

The reappointment will run until July 2022. Coscelli (pictured) has held the position since July 2016 and has been an executive director 2013. He was awarded a CBE for services to Competitive Markets in the 2020 New Year Honours.

Coscelli is a former director of economic analysis at Ofcom.

In a statement on his reappointment Coscelli said:“Ultimately, consumers must be at the centre; people expect regulators to stand up for them and that’s exactly what we are going to do.

“The CMA has been more active than ever recently, so we need to keep that momentum going and not be afraid to make tough decisions, particularly following our recent departure from the EU.”