New CEO at savings firm
Change of chief executive at Scottish Friendly
After a spell as finance director, Ms McBain (pictured) took the helm in January 2006 when the group had £530 million in assets and sales of £5.5m.
Under her leadership, assets have grown to £2.5 billion and new business sales have reached £29m. Membership has increased by more than 100,000 to nearly 500,000.
Mr Galbraith said: “Fiona has been at the helm of Scottish Friendly through one of the most difficult periods in the history of the financial services industry.”