SFE releases impact report charting progress on key strategic ambitions

The report has been released ahead of our Annual General Meeting at Lloyds Banking Group on The Mound.

Scottish Financial Enterprise has launched its annual impact report today, summarising the actions we have taken over the past year to deliver our strategic objectives, as members meet for our Annual General Meeting this afternoon at Lloyds Banking Group on The Mound.

In alignment with the AGM, the report analyses our progress over the past financial year, from April 2021 to April 2022. It also comes almost exactly a year since we launched Scotland’s financial services strategy, which sets out our shared vision to have a positive impact on society by supporting economic recovery, leading the journey to net zero, developing skills and inclusion, and responding to changing customer needs.

Progress on these strategic ambitions is tracked in-depth in the report, which looks at the key milestones and deliverables for each theme, demonstrating our influence on areas like public policy and industry narrative.

The report also looks at key enablers like our public profile, government relations, membership services and young professionals network, areas which we have been focusing on developing1

Some key findings in the report include:

  • 15 new members

  • 66% rise in SFE Young Professionals Network membership

  • 63 member events

  • 34 meetings and engagements with Scottish and UK Government ministers

  • 2026 new social media followers and over a million social media impressions

Commenting on the report, Sandy Begbie CBE, Chief Executive, said:

 “Just over a year ago, we launched Scotland’s Financial Services Strategy, setting out our industry’s plan for collective focus over the next five years. Our strategic priorities have been the core of our agenda for the last twelve months, as we have sought to make an impact through a programme of activity and engagement designed to influence key stakeholders and add value for our members at every level. As we gather for this year’s AGM, now is the right time to take stock of where we are, and where we are going - as an organisation and as an industry - as we continue to navigate the complexities of today’s economic, policy and political landscape in Scotland, the UK and internationally.”

Philip Grant, SFE Chair, Lloyds Banking Group’s Scottish Executive Chair, and Chief Operating Officer of the Insurance and Wealth Division of Lloyds Banking Group and Scottish Widows, said:

It has been another year of challenging external context, however I remain encouraged by our industry’s response to the challenges our society faces and our support for our customers, colleagues and communities. I am proud to be Chair of an organisation which is at the forefront of Scotland’s business community and has made significant progress in the last year to deliver against its strategic priorities and strive for a fair, inclusive and green recovery, and confident that with the support of our membership, under Sandy’s leadership and with a strong team and revitalised brand, SFE can deliver on our ambitious strategy and make a real difference to the growth and development of financial services, while also making a positive impact on society.”

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