Board of Directors
Marshall Bailey OBE (Chair) Appointed 1 April 2018.
Marshall is a well-established figure within financial services, with experience in leading complex international committees and boards. His background spans a range of sectors, including banking and capital markets, government regulation and public policy, and he has taken a particular interest in working with codes of conduct. In June 2018 Marshall was awarded an OBE for his contribution to financial services and services to charity.
Marshall is currently Chair of Aon UK Ltd and also of MUFG Securities EMEA plc and MUFG Securities Asia Limited. He is also the former Chair of CIBC World Markets Limited, LCH Group Holdings Limited and was an independent director of London Stock Exchange Group plc.
Additionally, he was a representative of the Saudi Arabian Public Investment Fund on the board of the National Commercial Bank in Jeddah, where he chaired the Group Risk Committee. Marshall also volunteers as a member of the global Board of Governors of the CFA Institute.
Helen Parker (Deputy Chair and Senior Independent Director) Appointed 1 July 2017.
Helen brings an in-depth understanding of consumer research, policy and communications across a range of essential markets. She was Deputy Chief Executive of Which?, Europe’s largest independent consumer organisation and, before that, served as its Director of Policy, Editorial Director, and Editor of Which?.
Her non-executive experience now includes being a committee member of Healthwatch England, the independent consumer champion for users of health and social care. She is also a Trustee of Aegon's Master Trust pension scheme and a member of its Independent Consumer Challenge Group. She also serves on consumer advisory groups for the Office of Rail and Road and Pay.UK.
Richard Parkin Appointed 1 July 2019.
Richard has over 30 years’ experience in the UK pensions and retirement market working across consultancy, product provision and asset management. He is currently Head of Retirement for BNY Mellon Investment Management where he works with intermediaries to help consumers get the most from their retirement savings.
Prior to this, Richard ran his own management consulting business helping pension providers, asset managers and other organisations with strategy, policy, and proposition development. He has also produced a range of research reports focusing on the UK retirement and defined contribution markets.
He is a well-known industry figure having chaired the Association of British Insurers’ Retirement Working Group and led a working group on retirement for the Investment Association.
Nicky Morgan Appointed 1 September 2020.
The Rt Hon Baroness Morgan of Cotes began her political career as the Conservative MP for Loughborough back in 2010. During her time in Westminster, she served as Secretary of State for Digital, Culture, Media and Sport from 24 July 2019 to 13 February 2020, Chair of the House of Commons Treasury Select Committee between 2017 to 2019 and Education Secretary and Minister for Women and Equalities from July 2014 to July 2016. She served as Assistant Whip in the coalition government until her appointment as Economic Secretary to the Treasury in October 2013. A qualified solicitor, Nicky practised corporate law before entering politics.
Nicky is a member of the Santander UK, Association of British Insurers, Science Museum Group and Careers & Enterprise Company Boards, a member of the UK Advisory Board at Grayling and she also chairs the Trustee Board of a mental health charity in Loughborough.
Wendy Williams CBE Appointed 1 September 2020.
Wendy Williams is HM Inspector of Constabulary and HM Inspector of Fire & Rescue Services. She has responsibility for 13 police forces across Wales and the West of England and 11 fire and rescue services in the West of England. She was previously a Chief Crown Prosecutor with the Crown Prosecution Service and a solicitor and partner in private practice.
Wendy is also the author of the independent Windrush Lessons Learned Review into the Home Office and its handling of events leading up to the Windrush scandal. This was presented to Parliament in 2020. More recently, The Home Secretary invited Wendy to consider the progress made by the department in implementing her 30 recommendations, and her Windrush Lessons Learned Review Progress Update was published in 2022.
In 2023, Wendy joined the Advisory Board for the University of Cambridge Judge Business School, as well as the Oxford and Cambridge Universities’ Close the Gap Advisory Board.
Wendy was awarded a CBE in the Queen’s New Year Honours list of 2021.
Cathryn Riley Appointed 1 February 2021.
Cathryn is highly experienced in the insurance and financial services sector. She has held numerous executive roles at Aviva Plc, including Group Chief Operating Officer and Group Chief Information Officer.
Cathryn is currently a non-executive director of Liberty Managing Agency Ltd and the MARWYN Acquisition Company II Limited. She has also been a non-executive director of International Personal Finance plc and a board member of a number of insurance organisations.
Alyson Levett Appointed 1 July 2023.
Alyson is a Chartered Accountant and has held leadership roles for over 20 years across a number of sectors including software, telecommunications, consumer services, fast moving consumer goods (FMCG) and manufacturing. Most recently she was Chief Financial Officer of i-nexus Global plc for 10 years with a strategic role alongside finance operations and she led them onto the AIM market in an initial public offering (IPO) in 2018.
Alyson brings to the Board a strong track record in change management and a detailed understanding of software, technology, risk management and cyber security. Alyson is also the Chair of the Audit and Risk Committee of AMTE Power plc and a volunteer mentor/advisor at The Cranfield Trust.
Martyn Beauchamp (Interim Chief Executive Officer) Appointed 18 October 2023.
Martyn is a highly experienced financial services Chief Executive and board director who has worked across UK, EU, Middle East, north and south east Asia. Martyn has grown, digitised and transformed businesses for listed, private and state-owned organisations, including 10 years at GE Capital and subsequent spells at Tesco Bank, Sainsbury’s Bank and Apax Partners.
Martyn is currently an independent non-executive director of Charities Aid Foundation (CAF) Bank and is also a Trustee with Citizens Advice.
Fiona Kidy (Chief Financial Officer) Appointed 1 July 2020.
Fiona joined FSCS in 2016 as Head of Financial Management and Funding. Following a period as Acting Chief Financial Officer, Fiona was appointed as Chief Financial Officer and Executive Director on 1 July 2020.
Fiona is a Chartered Accountant who brings diverse and extensive experience spanning over 20 years within the financial services sector, including senior positions at JPMorgan and HSBC. Much of her career has been spent building and leading high-performing finance teams. At JPMorgan, from 2007 onwards she was a director and held senior positions, including Global Controller roles in corporate finance, business management and strategic client initiatives in both London and New York. Prior to joining FSCS, Fiona was at HSBC as a Senior Manager for Global Finance and Technology functions.