"Scott's appointment is a reflection of the strength of talent and succession planning within Scottish Friendly."
- Stephen McGee - Scottish Friendly
Scottish Friendly has announced the appointment of Scott McNeill as its new chief financial officer (CFO), subject to regulatory approval.
Scott is currently chief actuary at Scottish Friendly and will succeed Alan Rankine in the role of CFO after the latter decided to step down to pursue a new opportunity outside the organisation.
As part of Scottish Friendly's succession planning, Scott will assume responsibility for the finance function and will take up the position of an executive director of the board. He will also become CFO of the future merged organisation between Scottish Friendly and OneFamily, subject to receiving the necessary approvals.
Alan will remain with Scottish Friendly until early next year to support the proposed merger of Scottish Friendly and OneFamily and to ensure a smooth and orderly handover.
"Scott's appointment is a reflection of the strength of talent and succession planning within Scottish Friendly," Stephen McGee, chief executive of Scottish Friendly, said. "He combines deep knowledge of our business with extensive actuarial and financial expertise, making him exceptionally well placed to lead our finance function.
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"With a strong leadership team, robust governance and a clear focus on delivering long-term value for members, we remain well positioned for the future and excited about the opportunities ahead."
"Alan has made a significant contribution to Scottish Friendly over the past eight years and has played an important role in helping to shape the strong position we're in today. I'd like to thank him for his dedication, leadership and commitment to our members, colleagues and the Society, and wish him every success in the future."
Scott McNeill added: "I am delighted to have been given the opportunity of becoming CFO at such an important period in Scottish Friendly’s history.
"I would like to thank Alan for his support over the years and wish him every success as he enters a new and exciting time in his career. I look forward to continuing to work closely with himself and the rest of the executive team over the coming months as we move closer to the proposed merger."
