Financial Services Advisory Board

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The Financial Services Advisory Board is a body set up by the Scottish Executive


Early actions set out by the Financial Services strategy which the Advisory Board will help to oversee include:

  • examining new air routes from Scotland to key financial services locations
  • working with mobile phone operators and transport bodies to eliminate 'gaps' in coverage between Edinburgh and Glasgow
  • examining ways of improving rail links between Edinburgh and Glasgow
  • feeding in the needs of the industry to the Executive's Fresh Talent initiative
  • enhancing work underway on financial education
  • building better labour market knowledge
  • boosting capability within the supply network[1]


Membership of the new Financial Services Advisory Board in 2005 was:

Membership 2006

Membership September 2007

First Minister | Cabinet Secretary for Finance and Sustainable Growth | Minister for Enterprise, Energy and Tourism | John Campbell, Deputy Industry Chair - Scottish Financial Enterprise Chairman and Senior Managing Director, State Street | Ian Ferguson - Director of Underwriting, Norwich Union | Martin Gilbert - Chief Executive, Aberdeen Asset Management | Colin Matthew - Chief Executive, Strategy and International Operations Division, HBOS plc | Trevor Matthews - Chief Executive, Standard Life Assurance Ltd | Lisa Stephenson - Lloyds TSB Scotland | Ben Thomson - Chairman, Noble Group limited | Otto Thoresen - Chief Executive, AEGON UK | Margaret Wallace - Managing Director, Morgan Stanley | Willie Watt - Chief Executive, Martin Currie Investment Ltd | David Fleming - Unite | Graeme Dickson - Director, Enterprise, Energy and Transport, Scottish Government | Jack Perry - Chief Executive, Scottish Enterprise | HM Treasury observer[3]


  1. Financial Services Advisory Board Scottish Executive News Release, 24/10/2005
  2. FSAB Press release 15th May 2006 Members Last Accessed May 31st 2007
  3. Scottish Government Financial Services Advisory Board News > News Releases > 2007 > September > finance, 03/09/2007