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Interim CEO installed

Ingledew takes FinTech Scotland chair and SE role

Stephen Ingledew

Stephen Ingledew: ‘privilege’ (pic: Terry Murden)

FinTech Scotland chief executive Stephen Ingledew is to become executive chairman of the cluster management body and take on an additional role with Scottish Enterprise.

From next month Nicola Anderson, strategic development director, will step in as interim CEO of FinTech Scotland while a search for a permanent successor gets under way.

It anticipates being in a position to complete the process by the end of the year.

Mr Ingledew, who has been CEO since its formation in January 2018, will remain involved with the strategic leadership of FinTech Scotland.

His move to executive chairman “will enable the body to develop further the leadership team”, it said in a statement.


In addition, he will take on a part-time secondment to Scottish Enterprise as an interim director for six months from November.

David Ferguson, the current non-executive chairman, will step down after two years and will continue to actively support FinTech Scotland’s move into its next phase.

Ms Anderson has been on full-time secondment with FinTech Scotland from the Financial Conduct Authority for two years.

At Scottish Enterprise, Mr Ingledew will report to Linda Hanna, managing director, and will contribute to the development of strategic opportunities to support economic recovery.

He has recently been appointed to the newly-formed UK Government Innovation Expert Group set up to advise on driving productivity through innovation.

During his time as CEO, Mr Ingledew has been at the forefront of building a cluster of fintech firms in Scotland, now numbering more than 140.

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Commenting on the announcement, Mr Ingledew said: “It has been a privilege to lead FinTech Scotland and deliver significant milestones across the fintech cluster. This is the right time to further strengthen further the leadership team.”

Mr Ferguson said: “It’s been hugely interesting seeing FinTech Scotland come into being and to see Stephen do such a great job of generating momentum over the last couple of years.

“I’m grateful to everyone who has joined in and helped carry us to the point where things are so well set up for the next phase.”

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