Movers and shakers w/e 09 June 2023

MaPS to lose CEO in 2024

Caroline Siarkiewicz, CEO of the Money and Pensions Service (MaPS) has confirmed that she will not be taking up a second term and will set down at the end of January 2024.

Siarkiewicz was appointed CEO in January 2020 having been acting CEO since June 2019.  As CEO, she led MaPS through the early integration of the three separate organisations Money Advice Service (MAS), the Pensions Advisory Service (TPAS) and Pension Wise. 

The search for a successor will commence shortly and will be led by MaPS’ chair, Sara Weller. The appointment will be subject to the approval of the Secretary of State for Work and Pensions.

FSCS says bye bye, Rainbird

Meanwhile, at the Financial Services Compensation Scheme (FSCS), CEO Caroline Rainbird has already left. 

Fiona Kidy, chief financial officer, will lead the organisation while a successor is sought.

Marshall Bailey, chair of FSCS, said:“We are thankful for the progress that FSCS has made since 2019. 

“Caroline has led the organisation through a series of considerable external challenges, while ensuring that it continues to deliver an excellent service for customers. 

“She has also helped to develop a stronger understanding of our role in building confidence in the financial services industry.”

Isio makes three senior appointments 

Emily McGuire, who joined Isio from Aon last year, has been appointed head of Isio’s investment advisory team and joins the executive committee.

Laura Higgins and Emma Hudson have been promoted to partner

Higgins is head of Isio’s Bristol office and has been based in the city since the start of her career as an intern at KPMG in 2004. In addition to the 70-strong team, she will also lead Isio’s GMP equalisation proposition.

Hudson joined Isio’s investment advisory team from Mercer two years ago, and leads the Midlands investment team.  

New head of institutional sales at Aviva Investors

Aviva Investors has appointed Monica Fan-Bradley as head of institutional sales (ex. Asia Pacific) within its global client solutions function.

Fan-Bradley will report directly to Louise Kay, global head of client solutions and be responsible for expanding Aviva Investors’ sales activities with global institutional investors across its pensions, official institutions, liquidity and consultant teams, as well as strategic relationships, across the UK, Europe, North America and Middle East. 

With more than 25 years’ experience, she joins from UBS Asset Management where she spent almost seven years, most recently as managing director and head of global consultant relations.

SEI Appoints London boy to European role

SEI has appointed Jim London as CEO of SEI Investments (Europe). London will maintain his responsibilities as head of SEI’s UK private banking and wealth management business and – on regulatory approval – will succeed Brett Williams following his retirement, effective 30 June.