Former RBS exec Caroline Rainbird named next FSCS CEO

From 4 May

Sophie King
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"The scheme plays a crucial role in helping people when their financial service providers fail, putting them back on track and building confidence in the sector" - Caroline Rainbird
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"The scheme plays a crucial role in helping people when their financial service providers fail, putting them back on track and building confidence in the sector" - Caroline Rainbird

Former RBS executive Caroline Rainbird is set to become the next CEO of the Financial Services Compensation Scheme (FSCS), the lifeboat fund has revealed.

Rainbird (pictured) has worked in financial services for 30 years in a variety of roles, including senior positions at RBS between 2009 and 2017. Current CEO Mark Neale's last day will be 3 May 2019,...

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