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Peer2Peer Finance News | December 13, 2017

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New trustees join Finance Innovation Lab’s board

New trustees join Finance Innovation Lab’s board
John Fitzsimons

SIX new trustees have been appointed to the board of the Finance Innovation Lab.

The Lab was founded in 2009 by WWF-UK and the Institute of Chartered Accountants in England and Wales (ICAEW), with the aim of serving as an incubator for both individuals and ideas which can reshape the financial system so that it is more democratic and protects the planet.

Three existing trustees will be serving for a second term on the board, including Bruce Davis, founder and joint managing director of ethical peer-to-peer lending platform Abundance Investment. The other returning trustees are Christine Berry , an independent researcher, and Sue Charman, director of corporate stewardship at WWF-UK.

Read more: FCA signs Hong Kong partnership to support fintech innovation

The new trustees include Caroline Ellis, a social and organisational change consultant who is taking on the role of chair of the board, and Kate Ormiston Smith, director of finance and operations at The B Team, who is taking up the post of treasurer.

The other new members of the board are: Hanna McCloskey, founder and chief executive officer of Fearless Futures; Toyin Ogundana – investment manager at CAF Venturesome; Paul Riseborough – chief commercial officer at Metro Bank and Julian Thompson, social innovation and fundraising strategist

Read more: Bruce Davis: Election result is a boost for democratic finance

In a statement, the organisation said that its board would look to build on the Lab’s incubation programme, the Lab Fellowship, with a new programme for ‘intrapreneurs’ – “emerging leaders within the financial system who want to repurpose their professions”.

Further details about the programme will be released in the coming months.

Read more: British Business Bank reaffirms support for fintech in new report