Scottish Financial Enterprise (SFE) is the representative body for Scotland's financial services industry. It is a company limited by guarantee based in Edinburgh. Member companies range in size from global organisations headquartered in Scotland to small, locally-based support companies drawn from all areas of financial services. SFE's members encompass all of the main sectors within the industry, including banking; fund management and investment management; general insurance, life assurance and pensions; asset servicing; corporate finance and broker services; professional services (law firms, chartered accountants and auditors) and support services. In addition, the membership includes professional bodies (e.g. the Chartered Institute of Bankers in Scotland) and government bodies: the Bank of England and Scottish Enterprise. The diverse membership reflects Scotland's position as a leading European financial centre; second only to London in the UK. The industry makes a significant contribution to the Scottish economy, accounting for up to one in every ten jobs in Scotland. SFE's members account for over 80 per cent of people employed within the financial services industry in Scotland, which employs over 143,000 people directly and indirectly. Board The chairman of SFE is an ex officio member of the Financial Services Advisory Board of the Scottish Government, which is convened by the First Minister of Scotland. Chairman: Philip Grant, appointed June 2019 Chief executive: Sandy Begbie, appointed October 2020 Malcolm Buchanan, Chairman, Scotland and Managing Director for Corporate & Commercial Banking, Royal Bank of Scotland Sue Dawe, Head of Financial Services, Scotland for EY LLP John McGuigan, Group Customer Director, Phoenix Group Colin Halpin, Global Head of Market Data Management, Barclays Group Anthony Rafferty, Chief Executive, Origo Services Limited Vida Rudkin, Managing Director, Morgan Stanley Louisa Knox, Solicitor and Partner, Shepherd and Wedderburn LLP Rushad Abadan, Group General Counsel, abrdn plc SFE Initiatives SFE examines a range of policy issues which are of interest to the financial services industry in Scotland. They work closely with governments at all levels to exchange information, provide advice and views and promote the work of the industry. SFE also works with their members to formulate responses to government consultations in policy areas which affect the financial services industry. SFE also run a number of strategic initiatives and SFE member policy groups: · High Level Strategy Group · FinTech Strategic Initiative · SFE Young Professionals · Sector Policy Groups: Private Client, Investment Management, Professional Services, Cross Sector Forums (Public Affairs & Communications and