The Financial Services Compensation Scheme (FSCS) has appointed Fiona Kidy as CFO.
Kidy has over 20 years experience within the financial services sector including senior positions at JP Morgan and HSBC. She has held the position of acting CFO since May 2019.
Prior to this Kidy held the position of 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.
She said: “I am thrilled that I have been successful in being appointed as FSCS’s chief financial officer. 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.”
Caroline Rainbird, FSCS CEO, added: “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.”