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British Enterprise Investments names new chief

Judith Hartley has been named as chief government of British Enterprise Investments as Catherine Lewis La Torre returns to guide British Affected person Capital.

Hartley took on the position of appearing chief government of British Affected person Capital and British Enterprise Investments in September 2020, when La Torre develop into appearing chief government of the British Enterprise Financial institution.

Following the current announcement that Louis Taylor shall be becoming a member of because the Financial institution’s new chief government in October, Hartley and La Torre have additionally been handed everlasting roles.

Learn extra: British Enterprise Financial institution hires UKEF chief as new boss

Each Hartley and La Torre will take up their new roles within the autumn. La Torre has additionally been appointed as chair of British Enterprise Investments, taking up from Francis Small.

British Enterprise Investments is a subsidiary of the British Enterprise Financial institution and invests in smaller companies and small mid-cap firms by means of finance suppliers.

Learn extra: British Enterprise Investments reviews funding rise however revenue drop amid pandemic

“The corporate has a extremely skilled and devoted crew and I’m trying ahead to working with the board and the funding crew, to additional develop the corporate and its affect on the UK’s small enterprise finance markets,” stated Hartley. “British Enterprise Investments’ mission will stay focussed upon rising the availability and variety of funding for small companies throughout the entire of the UK.”

Lord Smith of Kelvin, chair of the British Enterprise Financial institution, added: “I want to congratulate Catherine and Judith on their new roles. The board is assured that these appointments will proceed to strengthen the management of the Financial institution and assist us ship on our mission to drive sustainable progress and prosperity throughout the UK, and to allow the transition to a internet zero financial system, by enhancing entry to finance for smaller companies.”

Learn extra: Lord Agnew requires British Enterprise Financial institution resignations over Covid mortgage fraud



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