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The Social Investment Business appoints Jonathan Jenkins as new CEO
Wednesday 3 August 2011
The Social Investment Business has appointed Jonathan Jenkins as its new CEO.
As the largest social investor in the UK, The Social Investment Business works to support social enterprises, charities and voluntary organisations to become stronger and more financially sustainable so they can do more of what they do best – helping the most vulnerable in our society. As well as offering social finance the Social Investment Business provides business support and champions the involvement of these organisations in public service delivery.
Sir Stephen Bubb, Chair of The Social Investment Business said, “The establishment of Big Society Capital shows more than ever that the social investment market is changing and expanding. The Social Investment Business is very keen to develop new products and grow our offer to the sector and I am delighted to welcome Jonathan Jenkins as CEO. I believe his experience of working with the sector and his enthusiasm for innovation and partnership working will lead the organisation to an even stronger future.”
Jonathan Jenkins said, “This is a really exciting time to be joining The Social Investment Business, with where the market is going there are lots of opportunities in the social investment market and The Social Investment Business is ideally placed to develop these both on its own and in partnership. I am very grateful for the great opportunity I have had at UnLtd and am sure that in my new role there will be on-going opportunities to work together.”
Nick O’Donohoe, Chief Executive, Big Society Capital said, “I welcome Jonathan’s appointment as CEO of The Social Investment Business. The experience he brings from his work at UnLtd will be enormously valuable at The Social Investment Business and for the social investment sector as a whole.”
Jonathan will join the organisation on Monday 26th September, taking over from Jonathan Lewis who left in July.
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1. Jonathan Jenkins has over 15 years’ experience in raising finance for small and medium projects from his City career, which included time at a UK merchant bank, and culminated in his role as managing director of Plus Markets, a stock exchange created by his family to enable access to capital for small companies. Jonathan joined UnLtd in September 2008 as Director of Ventures, and is currently on secondment to the Big Lottery and NESTA working on the Big Society Bank. Jonathan is on various advisory panels looking at social finance and also holds various charity trustee appointments such as Young Enterprise and Bright Charity.
2. Financial Director Darren Garner is currently the Acting Chief Executive at The Social Investment Business. Jonathan Lewis left the organisation after 3 years to join health social enterprise Bromley Health.
3. For further information or interviews, please contact The Social Investment Business press office:
Liz Banks - 0207 842 7726/ 07809 504072 liz.banks@socialinvestmentbusiness.org
Nicola Jones - 0207 842 7755 nicola.jones@socialinvestmentbusiness.org
4. The Social Investment Business, the largest social investor in the UK, exists to help social enterprises, charities and community organisations do more of what they do best – supporting people and communities most in need. We help organisations prosper by providing innovative financial solutions, business support and long term strategic thinking.
www.thesocialinvestmentbusiness.org @TheSocialInvest
5. The Social Investment Business manages Government funds on behalf of the Office for Civil Society and the Department of Health. The Communitybuilders Fund, previously managed on behalf of the Department of Community and Local Government and the Office for Civil Society is now an endowed fund, owned and administered by the Adventure Capital Fund, parent-charity of The Social Investment Business. We manage over 1,400 active investments ranging from £3,600 to help a small organisation bid successfully for a public sector contract, to £6.7million to help a large national charity establish and develop innovative new services for children and young people.