The Financial Conduct Authority (FCA) has today announced the appointment of Maggie Craig as the Head of Department, Scotland.

Head of Department Scotland is a new role created to take forward the FCA’s presence in Scotland. Maggie will be focused on developing this approach and contributing to Scottish aspects of FCA policies.

Craig joined the FCA in 2014 and is Head of Insurance and Pensions Policy. She has more than 20 years’ experience in the Scottish financial services industry.

Andrew Bailey, Chief Executive of the FCA commented:“I am delighted that Maggie has been appointed as Head of Department, Scotland. This is a significant step and underlines our commitment to our presence in Scotland. Maggie brings to the role a large amount of experience and knowledge including established stakeholder relationships which will stand her in good stead for developing the FCA’s presence in Scotland.”

Craig will take up her new role in September 2017.