FCA creates Head of Department for Scotland

Maggie will take up the role in September and will focus on developing this approach and contributing to Scottish aspects of FCA policies. She joined the FCA in 2014 and is Head of Insurance and Pensions Policy.

Immediately prior to joining the FCA, Maggie held a variety of roles at ABI including Director of Scottish Affairs, Acting Director General and, latterly, Director of Financial Conduct Regulation.

The FCA office in Scotland is based in Edinburgh and currently over 80 employees are based there.

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.”

Maggie Craig added: "I’m very much looking forward to taking on this new role. Our continued presence in Scotland is extremely important and through developing a new strategy we’ll be able to maximise our impact."