Sheila Nicoll to succeed Sarah Wilson

The FSA has appointed Sheila Nicoll, currently Deputy Chief Executive of the Investment Management Association (IMA), as its new Director of the Retail Firms Division.

Nicoll, who will take up her post in September, has extensive experience in the financial industry and before the IMA worked as the Head of International Relations for the London Stock Exchange, the FSA said.

FSA Chief Executive John Tiner said: "I am delighted to welcome Sheila to the FSA. Her experience in working closely with the industry and policymakers, her enthusiasm for making principles-based regulation work, and her communication skills will make her a great asset to the FSA."

The Retail Firms Division supervises a range of firms including life insurance, general insurance and groups of intermediaries. In her new role Sheila will report to Clive Briault, Managing Director of the Retail Markets Business Unit.

Nicoll succeeds Sarah Wilson, who is now working on a part-time basis leading the FSA's insurance sector team and as Director of the Treating Customers Fairly initiative.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.