CIO Paul Brocklehurst is returning to the financial services sector as he joins the Financial Services Compensation Scheme as CIO following a career with Surrey County Council since 2009.
The Financial Services Compensation Scheme (FSCS) is a protective fund for the customers of UK credit unions, banks, building societies and insurance firms. Formed in 2000 by Financial Services and Markets Act 2000 its services are free to the general public.
Brocklehurst’s appointment is the latest strengthening of the leadership team at FSCS. In December 2015 FSCS appointed a new chief operating officer (COO) and a new CFO, recruiting Jimmy Barber as COO from RSA Insurance and CFO Kathryn Sherratt from Barclays Bank.
Brocklehurst has been leading IT at Surrey County Council during the hardest financial period for the local authority in south east England. Despite the cuts, Brocklehurst was innovative as a technology leader at Surrey County Council and one of the first in local government to implement the Nutanix converged infrastructure technology.
He joined Surrey County Council in 2009 and public sector market watchers have been impressed with his open style and collaborative working with IT leaders in the surrounding local authorities to reduce costs and increase partnering. Brocklehurst and Surrey were founding members of the S7 consortium of local authorities that included Kent, Hampshire, Brighton and Hove, Medway, East Sussex and West Sussex; the latter of which Brocklehurst was an interim IT leader at before joining Surrey County Council.
“The really big thing is to make really big savings by changing the model of how we operate. Should we run our own datacentres or should we combine them?” he told me in an interview back in 2010.
FSCS is a return to financial services for Brocklehurst, before joining the complex and cuts savaged world of local government he was Director of IT at General Motors Finance, Mortgage Lending Division, which as the name suggests was part of the automotive conglomerate. Four and a half years with General Motors was preceded by over two years of IT leadership at financial services firm Domestic & General.