TISA announces Carol Knight to step down as CEO in August, following 4 years leading the membership organisation

Today, at its Annual Parliamentary Reception, The Investing and Saving Alliance (TISA) will announce that Carol Knight is to stand down as Chief Executive in August, after four years in the role. She will continue to support TISA for a further two years as a consultant adviser, helping to ensure a smooth transition and continued delivery for members.

Carol has been with TISA for 22 years and has held a number of senior leadership roles across the organisation, also serving as Chief Operations Officer for the past ten years, following earlier roles as Operations Director, Head of Member Services and Director of Member Services. Across those roles, she has helped shape TISA’s member engagement, operational delivery and policy work across savings, investment and retirement policy.

During her time with TISA, Carol has helped drive a number of major industry and policy developments, including:

• Supporting major ISA reforms, from the implementation of Child Trust Funds and development of Junior ISAs to the simplification of ISA regulations and introduction of the Additional Permitted Subscription.
• Helping to broaden TISA’s policy work beyond savings and investment, including its expansion into pensions, retirement and the cash savings market.
• Championing financial education, including work that contributed to its introduction into the primary school National Curriculum.
• Supporting TISA’s work on major future-facing industry initiatives, including SelectID, the Advice Guidance Boundary Review, Targeted Support and the National Workplace Savings initiative with NEST Insight and MaPS.

TISA’s Board is now undertaking a comprehensive process to appoint the organisation’s next Chief Executive. Carol will continue to lead the organisation until August and will work closely with the Board and senior team to support an orderly handover.

Commenting on her decision, Carol Knight said:

“After 22 years with TISA, I have decided that the time is right for me to step down from my executive role and begin a new phase of my career, with more time to take on non-executive and charitable work alongside other personal priorities.

It has been a privilege to work with so many talented colleagues and to have played a part in some significant achievements for the industry and consumers. I am particularly proud of the work we have done to champion financial education, culminating in its introduction into the primary school National Curriculum in 2028.

TISA still has a great deal to achieve, and I am delighted to remain involved as a consultant adviser for a further two years. I look forward to supporting the next stage of TISA’s work and seeing the organisation continue to go from strength to strength.”

Mark Westwell, Chair of TISA, said:

“Carol has made an exceptional contribution to TISA over more than two decades. Her leadership, insight and commitment have helped shape many important developments across the savings, investment and retirement landscape, and she has been instrumental in broadening TISA’s work into new areas.

TISA is fortunate to have a strong and experienced team in place, and Carol will continue to work closely with the Board and senior leadership team to ensure a smooth transition. As we begin the process of appointing our next Chief Executive, our priority remains to continue delivering for our members and advancing TISA’s long-term vision for a stronger and more inclusive savings and investment market.

On behalf of the Board, I want to thank Carol for everything she has achieved and for her continued support in her advisory role over the next two years.”