Scottish Mortgage has hired insurance heavyweight Mark FitzPatrick, the chief financial officer and chief operating officer of Prudential, as a non-executive director. His appointment will take effect from 5 October and will be approved by shareholders at the FTSE 100 trust’s annual general meeting next year. FitzPatrick will also chair its audit committee. FitzPatrick joined Prudential in 2019, having previously spent 26 years at Deloitte advising global insurance and investment management clients and held a number of senior roles, including vice president of the group.