Story perspectives

Serious Fraud Office Director Nick Ephgrave to Retire

1/15/2026

Summary

Story summary

Nick Ephgrave, Director of the Serious Fraud Office (SFO), will retire at end of March after 38 years in public service.
He led the SFO for two and a half years, delivering the fastest prosecution linked to Axiom Ince.
Ephgrave emphasized whistleblower incentives and modernized SFO's approach to economic crime.
Attorney General Richard Hermer KC praised Ephgrave's contributions.
Legal experts warn successor will face disclosure challenges and speculation about changes.

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Story summary

Nick Ephgrave, Director of the Serious Fraud Office (SFO), will retire at end of March after 38 years in public service.
He led the SFO for two and a half years, delivering the fastest prosecution linked to Axiom Ince.
Ephgrave emphasized whistleblower incentives and modernized SFO's approach to economic crime.
Attorney General Richard Hermer KC praised Ephgrave's contributions.
Legal experts warn successor will face disclosure challenges and speculation about changes.