Search launched for new £148,000-a-year chief executive to lead the Scottish Funding Council through shake-up

The new head of the Scottish Funding Council (SFC) will succeed Karen Watt, who announced she would be retiring this summer.

It comes as Scottish ministers consider recommendations for “transformational change” made in a review by James Withers, which included a proposal to create “a new single funding and delivery body” that would bring together the functions of the SFC, Skills Development Scotland, and potentially the Student Awards Agency Scotland.

Graeme Dey, the further and higher education minister, told MSPs in January he expected to “take forward pretty much everything that is in the Withers review”.

The nation’s 26 colleges and 19 universities also face further difficult decisions amid ongoing industrial unrest, shrinking budgets, and curbs on their ability to recruit international students. The new chief executive will earn a salary of between £128,000 and £148,000 per year.

The SFC has a appointed a specialist recruitment agency, Gatenby Sanderson, to assist in the process of finding, selecting and appointing a new chief executive.

Ms Watt joined SFC on in January 2019 from the Scottish Government where she worked as director of external affairs in the aftermath of the Brexit vote.

She was previously the first chief executive of the Scottish Housing Regulator, and also served as principal private secretary to the first minister and head of ministerial offices.

On social media platform X, she wrote: “It's been a privilege to lead the Scottish Funding Council as CEO. I retire this summer ever more certain that colleges and universities are key to a vibrant Scotland.

"Help us search for the next CEO for this brilliant, important, transforming public body.”

Glasgow University principal Sir Anton Muscatelli wrote: “Thank you for your dedicated service, Karen. You will be missed!

Aberdeen University chair Julie Ashworth said: “You’ll be missed. Been a privilege to work with you.”

West Lothian College principal Jackie Galbraith said: “Thank you for the support you have given colleges over possibly the most challenging five years we have ever faced. You will be missed!”

Robert Gordon University principal Steve Oliver wrote: “Thanks for all you have done, and best wishes!”

SNP MSP Michelle Thomson said: “Thank you for all your efforts and what you have given throughout your career.”

Former MSP Joan McAlpine said: “Cannot believe you are retiring! All the very best for the future.”

A spokesperson for the SFC said: “As our current chief executive, Karen Watt has had a transformative impact on our work, leading the organisation through the Covid-19 pandemic and setting out a strong vision for the future support for tertiary education, skills and university research.

“Our next chief executive will continue to build on a culture of continuous improvement for our work with colleges and universities as well as within our own organisation.”