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Charity Bank appoints six new trustees

Howard Lake | 5 January 2011 | News

Six new trustees have been appointed to Charity Bank, joining the Board led by chairman, George Blunden, who was appointed in May 2010. All of them have extensive experience in finance and banking as well as substantial knowledge and experience of the third sector.
The trustees are:
Andrew Davies is a former finance minister in the Welsh Assembly Government and the Assembly Member for Swansea West. He has a strong grounding in the Welsh economy having been the Economic Development & Transport Minister for five years and has been actively involved in Welsh affairs since the 1980s.
Following a 38 year career in the City with Rothschilds bank, including a number of years managing its banking businesses in the UK, USA and Asia, Alan Graham retired as a main board director in 2004 and now holds a portfolio of roles in the public, private and voluntary sectors, which benefit from his considerable experience in financial regulation, corporate governance and risk management.
Sara Llewellin is the chief executive of social justice foundation the Barrow Cadbury Trust. She has had a 30 year career in the third sector which includes extensive work in the domestic violence movement, homelessness sector and in community provision for children and families.
Andrew Munro has a background of work in the charitable sector. He holds several non-executive directorships including housing group, Stonham House, and the International HIV Alliance.
Mary Phibbs is a non-executive director of Northern Rock Plc and has 30 years’ experience in banking and finance. She is currently chief risk officer of Allied Irish Banks on an interim basis.
Chris Vermont has over 20 years’ experience of finance for projects in the emerging markets. He is head of Debt Capital Markets at Frontier Markets Fund Managers and is responsible for GuarantCo, a $400m fund sponsored by the governments of Netherlands, Sweden, Switzerland & UK which tackles poverty in poorer Asian and African countries by improving infrastructure.
During 2010 Charity Bank agreed more than £34 million in new loans to charities and social enterprises.
www.charitybank.org
 

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