Search begins for SFE CEO as Begbie stepping down – Daily Business

Sandy Begbie: an honour and a privilege (pic: DB Media Services)

Sandy Begbie has announced his intention to step down as chief executive of Scottish Financial Enterprise by next summer’s AGM.

Mr Begbie was appointed CEO of the financial services trade body in October 2020, following a career which included senior roles at Tesco Bank, Aegon, Standard Life, Scottish Power and Royal Bank of Scotland.

SFE has just marked its 40th anniversary, having been set up ahead of deregulation, known as Big Bang, of the financial markets.

He has led SFE through a period of significant growth, including delivery of Scotland’s Global Investment Summit last October.

He said the decision to step down had not been an easy one, but he felt it was the time bring in some new blood with new ideas.

“It has been an honour and a privilege to be CEO of Scottish Financial Enterprise for over six years,” he said.

“I was asked by the board to lead the organisation into its next stage of development, modernise the way it operated and ensure SFE became one of the most influential trade bodies in Scotland and I am personally delighted with what we have delivered over the last six years.

“My decision has not been taken lightly but I feel, after what will be almost seven years, that it is time to pass over the opportunity to someone new, who can bring a fresh perspective and take SFE forward into its next stage of development.

“I will always look back and consider my time at SFE as a highlight in my career and I look forward to watching the organisation continuing to go from strength to strength.”

SFE chair Sue Dawe said: “Sandy has been central to the success of SFE over the past six years, both in leading our organisation and in championing our industry with government, in the media and overseas.

“Personally, I have thoroughly enjoyed working with Sandy during my time as chair and am very grateful for all he has done.

“The board has a well-established governance and succession process in place, and a search for Sandy’s successor is now underway.

“In the meantime, Sandy and the board remain fully focused on delivering our strategy, with Sandy continuing to oversee the delivery of our major events in the first half of next year.”

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