Charity Bank announces new CEO and deputy

Governance | Vibeka Mair | 3 Oct 2012

Charity Bank has appointed Patrick Crawford, head of the government's export credit agency, as its new chief executive.

Crawford will join Charity Bank as only its second-ever chief executive, on 19 November. He replaces Malcolm Hayday, who is stepping down as chief executive after ten years, having founded the bank in 2002.

Crawford (pictured) is currently chief executive of UK Export Finance, the government department that acts as the UK’s export credit agency.

Malcolm Elliot will join the bank as its new deputy chief executive. Elliot was one of the Financial Services Authority managers who worked with Charity Bank when it received authorisation in 2002 and spent six years as a co-opted member of the bank’s audit and compliance committee.

Commenting on his appointment as chief executive, Crawford said: “I was attracted to Charity Bank because it is a clear success story that can only get better, and because the whole objective of the bank is to make a beneficial impact: the real changes its borrowers make to the lives of individuals and communities.

"The timing of Charity Bank’s intended growth is perfect. Confidence in traditional banks is at an all-time low, while the need for charities, social enterprises and other community projects to borrow has never been greater. While the majority of Charity Bank’s borrowers use its loans to help them to expand or improve their services, an increasing number will use its loans to safeguard their organisations against the risk of disappearing.

“Under Malcolm Hayday’s leadership, Charity Bank has developed from a concept to a leader in the world of social finance. I hope that I will be a worthy successor at this key stage in its growth.”

Directory: Charity Bank Ltd
Who's Who: Malcolm Hayday | Malcolm Elliott | Patrick Crawford

Comments

[Cancel] | Reply to:

Name *

Email *

Organisation

Job Title

Comments *

Verification *

* Please read our Community Standards

Close »

Community Standards

The civilsociety.co.uk community and comments board is intended as a platform for informed and civilised debate.

We hope to encourage a broad range of views, however, there are standards that we expect commentators to uphold. We reserve the right to delete or amend any comments that do not adhere to these standards.

We welcome:

Robust but respectful debate
Strongly held opinions
Intelligent relevant discussion
The sharing of relevant experiences
New participants

We will not publish:

Rude, threatening, offensive, obscene or abusive language, or links to such material
Links to commercial organisations or spam postings. The comments board is not an advertising platform
The posting of contact details for yourself or others
Comments intended for malicious purpose or mindless abuse
Comments purporting to be from another person or organisation under false pretences
Gratuitous criticism, commentary or self-promotion
Any material which breaches copyright or privacy laws, or could be considered libellous
The use of the comments board for the pursuit or extension of personal disputes

Be aware:

Views expressed on the comments board are left at users’ discretion and are in no way views held or supported by Civil Society Media
Comments left by others may not be accurate, do not rely on them as fact
You may be misunderstood - sarcasm and humour can easily be taken out of context, try to be clear

Please:

Enjoy the opportunity to express your opinion and respect the right of others to express theirs
Confine your remarks to issues rather than personalities

Together we can keep our community a polite, respectful and intelligent platform for discussion.