Sheila Nicoll, director of policy for the Conduct Business Unit at the Financial Services Authority has announced that she will resign from her position when the organization transitions to the Financial Conduct Authority in April.

Nicoll was appointed director of conduct policy in 2009. She oversaw the FSA's changing conduct agenda and helped lay the foundations for new conduct strategy. She has also delivered policy work such as the retail distribution review, mortgage market review, and the funding review of the financial services compensation scheme.

Nicoll joined the FSA from the Investment Management Association in October 2007, where she served as director of retail firms division for two years, responsible for supervising building societies, life insurers, general insurers and intermediaries during the financial crisis.