Martyn Beauchamp appointed as CEO of the Financial Services Compensation Scheme
- The Financial Services Compensation Scheme (FSCS) has today announced that Martyn Beauchamp has been appointed as permanent CEO.
- Martyn has served as the interim CEO of FSCS since October 2023.
The Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) have appointed Martyn Beauchamp as Chief Executive Officer (CEO) of the Financial Services Compensation Scheme (FSCS).
Martyn has been Interim CEO of the FSCS since October 2023, and during this time he has successfully overseen FSCS’s transition to a new operating model. Prior to this, he worked in financial services for over twenty years.
Commenting on his appointment, Martyn Beauchamp said:
“FSCS puts customers back on track when their financial services firm fails, helping to build trust and stability in the UK financial services system and supporting long term sector growth.
“This is a mission I’m proud to now lead as FSCS’s CEO – and I look forward to working closely with the FSCS team, the financial services industry and our regulators to achieve it.”
Elizabeth Passey, FSCS Chair added:
“The Board is delighted that the regulators have appointed Martyn Beauchamp as permanent CEO of FSCS, and wishes him, together with his leadership and wider FSCS team, the greatest success in delivering their objectives for the benefit of consumers and the sector.”
Sam Woods, Deputy Governor of Prudential Regulation and CEO of the PRA and Nikhil Rathi, CEO of the FCA said:
“Martyn is a highly experienced candidate, and has already made a meaningful impact as the FSCS’s Interim CEO. We are excited to continue working with him.”
Media enquiries
publicrelations@fscs.org.uk
07730 668 558