Financial Services Compensation Scheme (FSCS) chief executive (CEO) Caroline Rainbird has departed the lifeboat fund after more than four years in the top role.
Chief financial officer Fiona Kidy will take up the role while the organisation searches for Rainbird's replacement. Chairperson Marshall Bailey said: "We are thankful for the progress that FSCS has made since 2019. Caroline has led the organisation through a series of considerable external challenges, while ensuring that it continues to deliver an excellent service for customers. "She has also helped to develop a stronger understanding of our role in building confidence in the financial services industry. We wish Caroline every success in the future." It comes the same time as it ...
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