Katharine Braddick will take up the role and be responsible for all issues relating to financial services, the financial system and financial stability at the Treasury.
Ms Braddick replaces Charles Roxburgh, who was appointed second permanent secretary to the Treasury.
Currently the Treasury’s director for financial services, Ms Braddick joined the department on secondment from the Bank of England in 2014.
Since taking the role of director of financial services, Ms Braddick has led on the development and negotiation of financial services policy in the EU and international fora, as well as the international competitiveness of the UK in financial services.
Ms Braddick has also held a number of roles at the Financial Services Authority and Prudential Regulation Authority, where she was head of prudential banking policy.
She will take up her new role with immediate effect.
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