Caroline Siarkiewicz has been appointed as chief executive of the Money and Pensions Service (MaPS), the funder of Debt Free Advice, after seven months in the position on a temporary basis.
Caroline's appointment comes days after the body published a ten-year strategy for financial wellbeing, detailing plans to boost financial education for young people, improving the number of people saving regularly, and help people gain better access to debt advice.
Caroline was previously Partnerships and Commissioning Director at MaPS, an executive board role with responsibility for the organisation’s relationships with partners throughout the UK, and for money guidance and debt advice operations with a commissioning budget of approximately £50m a year. Prior to that, she was Head of UK Debt Advice at one of MaPS’s forerunners, the Money Advice Service, and Chief Executive of the Institute of Money Advisers.
I am delighted to be taking up this new role on a permanent basis at such an exciting time. MaPS has a unique role in connecting people behind a collective goal of improving financial wellbeing throughout the UK. As Chief Executive, I am ambitious and excited for what we can achieve through working together towards a common purpose.
MaPS chair, Sir Hector Sants, says Caroline has been appointed following a robust recruitment process including a number of excellent external candidates.
Caroline has demonstrated – both through her time as acting Chief Executive and in her previous roles – her understanding of and commitment to MaPS’s vision, its customers, its people and its stakeholders throughout the UK. As Chair of the Board, I would like to take this opportunity to wish Caroline all the best in this new permanent role, which is effective immediately.