She says: “I am hugely excited to be joining the FSCS executive team in this business-critical role.

“I’m looking forward to rising to the challenges I have no doubt this role will present and ensuring that we make the best use of the technology, data and intelligence we have access to, while ensuring FSCS’s customers remain at the heart of everything we do.”

Carter was previously senior vice president and chief information officer (CIO) at News Corp.

During her time at News Corp, Carter held the titles of CIO global operations and CIO enterprise systems.

She managed strategic relationships with technology partners and leading key business initiatives.

She also served as the chair for the corporate IT Forum’s Members Council.

In addition to this, Carter used to be a member of the board of directors for News Technology Services, a subsidiary company of News Corp.

Carter held several leadership roles with firms including BBC Worldwide, Capgemini and the Financial Times.

Her appointment marks Caroline Rainbird’s final addition to her restructured executive team.

Of the eight executive team roles including the chief executive, six are held by women.

As such, the FSCS executive is 75% female, which contrasts with just 26% on average across the financial services sector.

Rainbird comments: “Now that our newly structured executive team is complete, I’m looking forward to the energy, innovation and purpose we will each contribute as we move further into the 2020s and continue to implement FSCS’s strategic objectives.”