Credit, Collections & Insolvency News
The Money and Pensions Service (MaPS) has announced the appointment of Caroline Siarkiewicz as Chief Executive Officer (CEO). Siarkiewicz has been acting CEO since June 2019, during which time the organisation has developed and published its UK Strategy for Financial Wellbeing.
Siarkiewicz takes up the helm of MaPS at an exciting time for the organisation as it commences the activation and mobilisation phase of its UK Strategy for Financial Wellbeing, working with stakeholders throughout the UK to develop targeted delivery plans, and as it continues to deliver expert money guidance, pensions guidance and debt advice directly and indirectly to millions of people a year.
Siarkiewicz was previously Partnerships and Commissioning Director at MaPS, an executive board role with responsibility for the organisation’s relationships with partners throughout the UK, and for money guidance and debt advice operations with a commissioning budget of approximately £50m a year. Prior to that, she was Head of UK Debt Advice at one of MaPS’s forerunners, the Money Advice Service, and Chief Executive of the Institute of Money Advisers.
Sir Hector Sants, Chair of the Money and Pensions Service, said “The Board is pleased to announce that, following a robust recruitment process including a number of excellent external candidates, Caroline Siarkiewicz has been appointed as permanent Chief Executive of the Money and Pensions Service.”
“Caroline has demonstrated – both through her time as acting Chief Executive and in her previous roles – her understanding of and commitment to MaPS’s vision, its customers, its people and its stakeholders throughout the UK. As Chair of the Board, I would like to take this opportunity to wish Caroline all the best in this new permanent role, which is effective immediately.”
The Minister for Pensions, Guy Opperman, said “I’m delighted that Caroline will be leading the Money and Pensions Service through the next stage of its development. The delivery of the UK Strategy and Pensions Dashboard, alongside the current services that support the most vulnerable, remain top priorities for this government. I wish Caroline and all of the team at MaPS every success.”
Caroline Siarkiewicz, Chief Executive of the Money and Pensions Service, said “I am delighted to be taking up this new role on a permanent basis at such an exciting time for MaPS. I would like to take this opportunity to thank Hector and the Board for their confidence in me and I look forward to continuing our work towards everyone making the most of their money and pensions.”
“MaPS has a unique role in connecting people behind a collective goal of improving financial wellbeing throughout the UK. As Chief Executive, I am ambitious and excited for what we can achieve through working together towards a common purpose.”