THE Financial Conduct Authority (FCA) has appointed Maggie Craig to the new role of head of department, Scotland – to take forward the City watchdog’s presence in the country.

Craig – who joined the FCA in 2014 and is head of insurance and pensions policy – will be focused on contributing to Scottish aspects of its policies. She brings more than 20 years’ of experience in the Scottish financial services industry to her new role.

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

Craig will take up her new role at the FCA’s Scotland office in Edinburgh in September.