New Board Directors for Scotland’s financial services trade body

Tuesday, October 22: The Board of Scottish Financial Enterprise (SFE), the representative body for the financial services industry in Scotland, welcomes two senior industry figures as new Directors.

Anthony Rafferty, Managing Director of FinTech company Origo Services Limited and Vida Rudkin, a Managing Director of Morgan Stanley based in Glasgow where she is also the Co-Head of the office, are the third and fourth new additions to the SFE Board within the last six months.

More than a third of the SFE Board have joined the within the last six months, filling vacancies created by the previous Chairman and three Directors completing their full tenure.  The recruitment of Mr Rafferty and Ms Rudkin follows the appointment of a new Chairman, Philip Grant of Lloyds Banking Group, in June and Sue Dawe, EY’s Head of Financial Services in Scotland, as Board Director in May.

Philip Grant, SFE Chairman, said: “The addition of Anthony, Sue and Vida to the SFE Board is hugely positive for the organisation, our membership and the wider industry. SFE has been privileged to have a consistently high calibre of Board Directors, and these new appointments ensure that legacy continues.

“Following the introduction of a new strategy two years ago SFE’s role, in addition to representation, is now firmly anchored in facilitating collaboration across our diverse and accomplished financial services ecosystem.”

In the last 12 months SFE has initiated and/or supported a number of significant strategic developments including; the launch of the first prospectus designed to promote the collective might of the industry; the introduction of a new, innovative recruitment hub in Glasgow as well as the creation of a Scotland-wide schools programme providing a vital and unique opportunity to promote Scotland’s financial services to young people from all backgrounds.

There is also evidence of a surge of interest and participation in the industry by those at the early stages of their career with a 60% increase in the membership of the SFE Young Professionals (YP) network. This follows the appointment of a new Chairperson for the group earlier this year and two Deputy Chairpeople, one in Edinburgh and one in Glasgow, last month.

Mr Grant added: “Our industry in Scotland is a community that makes a positive impact on the inclusive growth of the economy, the outcomes and experience of our customers and clients as well as the communities we are all part of. I am very proud to be Chairman of an organisation with such a pivotal part to play in the continued success of the industry in partnership with key stakeholders and I am grateful to be supported in my position as Chairman by an engaged and active Board.”

The new Board Directors will be attending the SFE Annual Dinner which takes place on Thursday this week at the EICC. At the event the winners of the Scottish Financial Services Awards 2019 will be announced, sponsored by EY. The ceremony will be hosted by broadcaster Huw Edwards with more than 650 people expected to attend.