Stephen Ingledew

Mr Ingledew will take up his new role in November, he will remain very much involved with the strategic leadership of FinTech Scotland and the move to executive chair will enable the body to develop further the leadership team as it looks to build on the impact to date as a cluster management body.

David Ferguson, the current non-executive chair of FinTech Scotland, will step down from the role which he has held for over two years. David will continue to actively support FinTech Scotland move into its next phase.

Over the coming months, FinTech Scotland will commence the process of appointing a new chief executive to take over from Mr Ingledew and it anticipates being in a position to complete the process by the end of the year.

In the interim, from early November, Nicola Anderson, the current strategic development director of FinTech Scotland, will take on the role of acting chief executive.

Ms Anderson has been on full time secondment with FinTech Scotland from the Financial Conduct Authority for two years and has played a significant role with Stephen, Mickael Paris and Shery Johnston in supporting the fintech SME community and the rapid progress of fintech initiatives.

In addition, to his role of executive chairman for FinTech Scotland, Mr Ingledew will take on a part time secondment to Scottish Enterprise as an interim director for six months from November.

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

In addition, Mr Ingledew has recently been appointed to the newly formed UK Government Innovation Expert Group set up to advise on driving productivity through innovation. 

Commenting on the leadership announcements, Stephen 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. I’d like to take this opportunity to thank David for his valuable leadership as chair as well as the fintech community and strategic partners whose ongoing collaboration to date has made the progress possible.

“I look forward to working with the Scottish Enterprise team to accelerate and shape strategic programmes, sharing my experience of developing clusters to drive inclusive innovation and economic opportunities”.

David Ferguson, chief executive of Nucleus Financial, added: 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”