The financial services compensation scheme has appointed Fiona Kidy as chief financial officer.
Kidy has been acting CFO since May 2019 and her official appointment comes after she was assigned as executive director on the board of the FSCS.
The body says Kidy brings a wealth of experience to the role from a career spanning over 20 years within the financial services sector, including senior positions at JP Morgan and HSBC.
Kidy had been the head of financial management and funding at FSCS since joining the organisation in October 2016.
In her new role she will have primary responsibility for the audit, organisational risk and resilience and financial management of the business and will play an active role in managing external stakeholders.
FSCS chief executive Caroline Rainbird says: “I am delighted to be confirming Fiona’s appointment as CFO and appointment to the Board of FSCS. Her appointment in this key role is a testament to her contribution, hard work and commitment since joining FSCS in 2016.
“I am confident Fiona’s knowledge and experience of the financial services sector, and her understanding of the landscape in which FSCS operates will continue to be excellent assets that FSCS will benefit from on a number of levels.”
Kidy says: “I am excited about taking on this new and challenging role, working with Caroline and the FSCS leadership team, and proactively helping to drive the overall FSCS strategy into the future.”
