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Responsible Finance - Fair4All Finance: CEO, new board members and pilot scale-up programme
Last week Fair4All Finance, the organisation established in response to the government’s commitment to allocate dormant assets money to financial inclusion initiatives, announced the appointment of two further Non-executive Directors; Faith Reynolds and James Invine.
Faith Reynolds is the Independent Consumer Representative on the Open Banking Implementation Entity Steering Group. This year she was named one of the Standout 35 on Innovate Finance’s Women In Fintech Powerlist.
Previously, she was on HMT’s Financial Inclusion Taskforce and established Toynbee Hall’s financial inclusion work in the heart of London’s East End.
We interviewed Faith for the Responsible Finance podcast in June this year; you can listen to the interview via our website here or via Apple Podcasts here.
You can read more about Faith and James on the Fair4All Finance website here. The organisation intends to recruit further three board members in the next six months.
Since our last newsletter Fair4All Finance announced the appointment of its first CEO, Sacha Romanovitch. Sacha assumed the role on 1 September bringing extensive experience: she is co-chair of the overall Inclusive Economy Partnership convened by the Cabinet Office and the Department for Digital, Culture, Media and Sport, and the Financial Inclusion steering group; and as CEO of Grant Thornton she led ground breaking work on social mobility.
In July, Fair4All Finance announced the five affordable credit providers which will join its pilot scale-up programme (after 55 submissions to the programme). Congratulations to our members, Five Lamps / Conduit, Leeds City Credit Union and Moneyline, selected as three of the pilots, and to Enterprise Credit Union and Fair for You.
We will continue to liaise and work with Fair4All Finance.