New chairman for SafeDeposits Scotland

SafeDeposits Scotland has announced the appointment of Ian Potter as its new chairman.

SafeDeposits Scotland is the country’s leading tenancy deposit scheme, holding over £73 million of private rental deposits – approximately 60 per cent of the Scottish market.

Mr Potter, who is originally from Arbroath, has worked in the private rental sector for more than 25 years and has been a key contributor to the legislative redevelopment of the private rental sector in Scotland.

He has served on the board of SafeDeposits Scotland since 2012 and succeeds Sir Andrew Cubie as chairman.

Mr Potter said: “It is an honour to be elected to this position and to chair the board as the company continues to grow its share of the market.

“The protection of tenant deposits is a cornerstone of the private rental sector and with more than £73m held secure by SafeDeposits Scotland thousands of lives are touched by the responsible management of the company.”