Former RBS exec Caroline Rainbird named next FSCS CEO

From 4 May

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"The scheme plays a crucial role in helping people when their financial service providers fail, putting them back on track and building confidence in the sector" - Caroline Rainbird
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"The scheme plays a crucial role in helping people when their financial service providers fail, putting them back on track and building confidence in the sector" - Caroline Rainbird

Former RBS executive set to become the next CEO of the Financial Services Compensation Scheme (FSCS)

Caroline Rainbird (pictured) has worked in financial services for 30 years in a variety of roles, including senior positions at RBS between 2009 and 2017. Current CEO Mark Neale's last day will be 3 May 2019, with Rainbird's appointment taking effect the next day on a three-year contract. Last October it was announced that Mark Neale would step down after three terms and nine years at the FSCS. Neale joined the lifeboat fund in may 2010 after a Civil Service career that saw him serve as director...

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