The Charity Employees Benevolent Fund has appointed former Charities Aid Foundation innovation head Gill Nunn as its new director.

Nunn succeeds Rick Holland, who left the benevolent fund suddenly in November, just six months into the job and less than two weeks after its official launch.

Nunn’s most recent permanent role was as director of market development at the Social Investment Business, a nine-month stint which ended in voluntary redundancy when the organisation restructured after winning the Department of Health Social Enterprise Investment Fund

She had joined the funder from Charities Aid Foundation, where she had spent two years as director of innovation. Prior to that she had an 18-year career leading major organisational change at HBOS.

The Charity Employees Benevolent Fund was officially launched in November 2009 having raised initial seed capital of £100,000 since its inception five years earlier.  It provides welfare advice, signposting and financial assistance to eligible applicants from the sector.

CEBF chair David Prescott said the Fund was looking for a candidate with experience of the sector and a keen understanding of the relevant issues, and Nunn had both as well as "great enthusiasm for what we are looking to achieve".