Nick Ephgrave Set to Retire from Serious Fraud Office

Nick Ephgrave, head of Britain's Serious Fraud Office, will retire at the end of March after over two years in his role. A former police officer and non-lawyer, he announced his departure plans and discussed succession with the attorney general as he approaches his 60th birthday.

Nick Ephgrave, the director of Britain's Serious Fraud Office, announced his decision to retire at the end of March. After serving approximately two-and-a-half years in the role, Ephgrave cited his impending 60th birthday and 38 years of public service as reasons for retirement.

Ephgrave, who brought a unique perspective to the office as the first director not having a legal background, was initially given a five-year term starting from September 25, 2023. His background as a senior police officer provided the expertise to lead investigations into major fraud and corruption.

During a press conference, Ephgrave discussed his planned exit with the attorney general and indicated that an interim successor will be appointed as the formal recruitment process begins, ensuring a smooth transition of leadership.

(With inputs from agencies.)