Former CBI director general to head up Big Society Trust
November 2011
Big Society Capital announces the appointment of Sir Richard Lambert as chair of the Big Society Trust
The body oversees Big Society Capital’s activities so as to ensure that it stays true to its mission. He brings to the Big Society Trust a wealth of experience of business, finance, policy and the media. He is a former Editor of the Financial Times (1991-2001) and member of the Monetary Policy Committee of the Bank of England (2003-2006). Between 2006 and 2011, Sir Richard was Director General of the Confederation of British Industry.
Big Society Capital was launched at the end of July, formerly having been known as Big Society Bank, the remit of which was explained in an article by Sir Stephen Bubb for Caritas magazine available here.
Further information can be found on on the Big Society Capital website andi s helpfully summarised here. It is not yet open for business and its progress can be monitored by checking the site.
Sir Ronald Cohen, Big Society Capital’s Chair, commented:“We are delighted that Sir Richard Lambert has agreed to serve as the Chair of the Big Society Trust. His exceptional breadth of experience will be a huge asset in developing the social investment market in the UK.”
Sir Richard Lambert said: “Big Society Capital has the capacity to make a real difference and I am very pleased to be in at the beginning”
Other members of the Big Society Trust Board appointed this week are: Sir Stephen Bubb (ACEVO), Gareth Davies (Cabinet Office), Ian Davis (McKinsey and Co), Peter Holbrook (Social Enterprise UK), Baroness (Jill) Pitkeathley (House of Lords) and David Robinson (Community Links). Sir Ronald Cohen is also a member in his position as Chair of Big Society Capital.
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