Former RBS exec Caroline Rainbird named next FSCS CEO

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, with Rainbird's appointment taking effect the next day on a three-year contract. Last October it was announced that Mark Neale would step down after three terms and nine years at the FSCS. Neale joined the lifeboat fund in may 2010 after a Civil Service career that saw him serve as director general at HM Treasury and the Home Office. In one of his final speeches as chief executive, Nea...