SWIG names new chairperson

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SWIG Finance has announced the appointment of Christine Allison as chairperson elect, to succeed Malachy McReynolds, who is stepping down in March after five years in the role.

Allison has been a non-executive director for SWIG Finance for the past three-and-a-half years, during which time she has played an active role in supporting the company growth across the south west.

She has been involved with finance for much of her working life, having spent many years working internationally, largely with the Washington DC-based World Bank, and more recently working on access to finance at both national and local levels in the UK.

Outgoing chair Malachy McReynolds said: “I am delighted that Christine is to succeed me at SWIG Finance. In my stint as chair, we have created a successful organisation, lending from its own balance sheet to businesses across the south west who have found it impossible to source funding from traditional finance providers.”

Of her new appointment, Allison commented: “It is a great privilege to be appointed as the next chair of SWIG Finance. I am excited to be working alongside SWIG colleagues and south west partners to support local SMEs with the right kind of finance, and to help the regional economy recover and grow.”