THE Tonbridge-based Charity Bank, an ethical bank owned by and dedicated to supporting charities and social purpose organisations, has appointed Edward Siegel as its new Chief Executive.
He replaces Patrick Crawford, who steps down after almost six years.
Ed was previously Managing Director of Big Issue Invest (BII), the social investment arm of The Big Issue Group.
George Blunden, Charity Bank’s Chairman, said: ‘Under Patrick’s leadership we have provided loans and support to hundreds of charities and social enterprises, touching the lives of more than one million people from across the UK.
‘Ed is an exceptional choice for Charity Bank because of his experience and deep understanding of the social sector.
‘Charities and social enterprises are dealing with many pressing problems. Our goal remains to increase the financial options available to them, so they can make a bigger difference to the people and communities they serve.’
Ed said: ‘Charity Bank has a well-earned reputation as one of the strongest brands in our sector. The bank’s community of borrowers, savers, investors and its team are all working towards one goal – to help strengthen charities and social enterprises so that they can create lasting social change.’
PICTURE: EXCEPTIONAL CHOICE: New CEO Ed Siegel