Age UK has named Rajeev Arya as its chief financial officer.

The appointment will begin in March 2013 and will see Arya lead on financial strategy for all of the Age UK Group, including its financial services subsidiaries.

Arya is currently chief finance officer at welfare to work agency Working Links, which is collectively owned by public, private and charitable stakeholders. He has a background of leading financial strategy in the private sector in an FSA regulated environment.

“I am extremely passionate about helping older people thrive so I am very pleased to be joining an organisation with such a strong social purpose,” Arya said. “I am looking forward to bringing my financial and commercial experience into Age UK and to working together to improve the lives of older people.”

Tom Wright, Age UK’s group chief executive to whom Arya will report, added: “We are delighted to announce Rajeev’s appointment. He will be a real asset to Age UK, combining a wealth of experience and expertise in delivering social and commercial outcomes with a clear passion for our work.”

Chief financial officer is a new post for the charity, replacing the finance director role that Steve Mensforth has held on an interim basis. In November 2012, Charles Scott left his role as finance director at Age UK to join Action for Children in the new role of executive director of corporate shared services.