FOS chief Caroline Wayman to exit after seven years

Effective 16 April

Sophie King
clock • 2 min read

Financial Ombudsman Service (FOS) chief executive Caroline Wayman is stepping down from her role next month after seven years in the job.

Wayman is also chief ombudsman at the complaints organisation.  In a note published on the FOS website, Wayman (pictured) said: "After nearly seven years I have decided that the time is right for me to step down from the role. It's been an honour and a privilege to have led the service throughout this time." She added the service had reached a "pivotal point": in 2021 we expect to receive our final PPI [payment protection insurance] cases and as nations, organisations and individuals, we are contemplating a landscape shaped and forever changed by a global pandemic. "It's against th...

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 Your profession

PA Asks: Should the FCA intervene to tackle pension delays?

PA Asks: Should the FCA intervene to tackle pension delays?

Plus, did the FCA's consolidation review go far enough?

Professional Adviser
clock 07 November 2025 • 1 min read
FE Fundinfo expands adviser platform with acquisition of Contengo

FE Fundinfo expands adviser platform with acquisition of Contengo

Deal intended to strengthen Nexus platform

Sahar Nazir
clock 07 November 2025 • 2 min read
Advisers warned against 'tick-box' cashflow modelling

Advisers warned against 'tick-box' cashflow modelling

Cashflow modelling ‘only as good as the information you put in’

Sahar Nazir
clock 06 November 2025 • 5 min read