Nicky Morgan among trio to join FSCS board

Non-exec director

clock • 1 min read

Baroness Nicky Morgan has been appointed as a non-executive director of the board of the Financial Services Compensation Scheme (FSCS) alongside Cathryn Riley and Wendy Williams.

The former secretary of state and Treasury select committee chairwoman will join the board on 1 September, as well as Williams, who is also Her Majesty's Inspector of Constabulary and Inspector of Fire and Rescue Services. Riley will join on 1 February 2021 and is formerly Aviva group chief operating officer and group chief information officer. The appointments were revealed by FSCS chairman Marshall Bailey following a lengthy and in-depth interview process involving both the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA). Bailey said: "We find ourselve...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA warns on loan notes and mini-bond investment risks

FCA warns on loan notes and mini-bond investment risks

Urges consumers to be wary of high-risk investments

Jenna Brown
clock 20 August 2026 • 2 min read
SVS Securities CEO banned and fined

SVS Securities CEO banned and fined

Demetrios Hadjigeorgiou barred from working in senior management positions

Jenna Brown
clock 20 August 2026 • 2 min read
Suitability rules overhaul: Why firms should engage now, not later

Suitability rules overhaul: Why firms should engage now, not later

'The bigger shift is philosophical, not just structural'

Marjolaine Quirke
clock 19 August 2026 • 3 min read