Quaestor and Factor

Quaestor and Factor Derek Watson‌The Quaestor and Factor is responsible for providing strategic leadership in the overall development of the University’s professional services. Direct responsibilities of the Quaestor and Factor include line management for a portfolio of University professional services, including the following service units:

  • Finance
  • IT Services
  • Estates
  • Residential and Business Services
  • Business Transformation
  • Legal Services
  • Planning and Procurement
  • Sport
  • Environmental Strategy. 

Derek A Watson FCCA

The current Quaestor and Factor is Derek A Watson FCCA. He has held this role since 2003.

Derek Watson is also the Chief Executive of SOI Group Ltd, a group of wholly owned spin-out companies from the University of St Andrews. Operating within the UK and internationally, these companies provide expert advice and advanced instrumentation to assist regulators and developers with development in the marine environment. Additionally, he is the lead employer nominated trustee of the St Andrews Superannuation and Life Assurance Scheme – the main pension scheme for the University’s non-academic staff.

Derek joined the University in December 2002 as Financial Controller coming from NHS Scotland where he was Deputy Director of Finance and Property Development Manager of an NHS Trust.