Charity Bank has announced the appointment of six new trustees to help develop its range of social investment services.

The new faces include former Welsh finance minister Andrew Davies and chief executive of the Barrow Cadbury Trust Sara Llewellin who boasts a 30-year career in the sector.

As the only bank in the UK which is also a registered charity, Charity Bank agreed more than £34m in new loans to charities and social enterprises in 2010. The Bank hopes its new appointments will help build on this record.

“2011 promises to be an exciting year for Charity Bank,” said Charity Bank chairman, George Blunden. “At long last, the private and public sectors are taking social investment and return more seriously. Our new trustees bring experience and expertise that will help ensure that the bank is in the right place to lead the market in this area.”

The new trustees are:

Andrew Davies - former finance minister in Welsh Assembly Government

Alan Graham - board director at Rothschilds after 38 years with the bank

Sara Llewellin - chief executive of Barrow Cadbury Trust social justice foundation

Andrew Munro - former executive director of Terrence Higgins Trust

Mary Phibbs - non-executive director of Northern Rock Plc

Chris Vermont - head of Debt Capital Markets at Frontier Markets Fund Managers, former credit committee member of Charity Bank