FOS chief Caroline Wayman to exit after seven years

Effective 16 April

clock • 2 min read

Financial Ombudsman Service (FOS) chief executive Caroline Wayman is stepping down from her role next month after seven years in the job

Wayman is also chief ombudsman at the complaints organisation.  In a note published on the FOS website, Wayman said: "After nearly seven years I have decided that the time is right for me to step down from the role. It's been an honour and a privilege to have led the service throughout this time." She added the service had reached a "pivotal point: In 2021 we expect to receive our final PPI [payment protection insurance] cases and as nations, organisations and individuals, we are contemplating a landscape shaped and forever changed by a global pandemic. "It's against this backdrop,...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Regulation

1 million young people not in education, employment or training: Milburn

1 million young people not in education, employment or training: Milburn

“Not a record of passivity. It is a record of failure”

Cameron Roberts
clock 29 May 2026 • 2 min read
April IHT receipts down but net widens

April IHT receipts down but net widens

11 months from pensions falling within IHT scope

Jen Frost
clock 22 May 2026 • 3 min read
IPT collects £499m in April 2026

IPT collects £499m in April 2026

Lowest level for April in four years

Jaskeet Briah
clock 22 May 2026 • 2 min read