The Scottish Government’s minister for further and higher education Graeme Dey has appointed Lorna Jack and Cara Aitchison as co-interim chairs of the Scottish Funding Council (SFC).  

The SFC invests around £2 billion a year in Scotland’s 19 universities and 24 colleges for learning and teaching, skills development, research and innovation, staff, buildings and equipment. 

Outgoing chairman Mike Cantlay said: “We were disappointed a candidate for the permanent post of chair was not secured during the initial appointment process.  

“However, I’m confident a refreshed approach will attract considerable and widespread interest for what is one of the most interesting and rewarding posts in the Scottish public sector.

“In the meantime, Lorna and Cara’s combined insight, knowledge, and experience will be invaluable as SFC progresses the reform programme and continues to support colleges and universities as they navigate a challenging financial environment.” 

The SFC said the process to appoint a permanent chair will commence shortly.  

Jack is currently SFC’s deputy chair, chair of the finance committee, and a member of the remuneration and nominations committee.

Aitchison is a member of SFC’s research and knowledge exchange committee and also sits on the finance committee. 

Cantlay leaves the position on April 2 after seven and a half years of leading SFC’s Board.  

Cantlay led the funding body through a major re-evaluation of tertiary education and research in Scotland. He has also guided SFC through the recent review of skills delivery which culminated in the Scottish Funding Council taking responsibility for the funding of all post-16 provision.