FSCS director of operations steps down

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Financial Services Compensation Scheme director of operations Kate Bartlett has stepped down from the organisation.

Bartlett joined the FSCS in 2010 and was a member of its board.

An FSCS spokeswoman says the lifeboat scheme is seeking a replacement who will take on the newly-created role of chief operating officer.

The spokeswoman says: “Our service depends more on IT and data than before. We have therefore created a new role of chief operating officer to bring together the delivery of our service to claimants with the IT and data infrastructure which supports that service.”

Bartlett was paid a salary of £205,000 in 2014/15, according to the FSCS’s latest annual report.