South West Investment Group (SWIG) has announced a number of changes to its board, as part of a wider restructuring.
Christine Allison is the new chair, taking over from Richard Coombs who had been in the position for almost ten years.
Also joining the board are David Brown, until now a director of SWIG Capital (and CEO of Folk2Folk), Rebecca Pritchard (formerly of Triodos Bank), Chris Butters (formerly of PwC) and Bill Baker (formerly of HSBC).
This move comes as SWIG makes a number changes to modernise and improve its governance, including streamlining the existing boards of SWIG Capital and SWIG Finance, with the SWIG Ltd board becoming the main board overseeing the growth agenda.
Allison said: “Significant board changes have been necessary to ensure that the board reflects the forward-thinking company that the South West Investment Group is today.
“I am delighted to be leading the refreshed board, and together with the staff of SWIG will work to see SWIG grow its market share and support more SMEs with their finance needs.”
Allison has been a director of SWIG Ltd and chair of SWIG Finance for the past two years, and a Non- Executive Director since 2017. Prior to SWIG, she spent more than 20 years with the World Bank in Washington DC, was a fellow of the London-based Centre for the Study of Financial Innovation, and a special advisor to the Treasury Select Committee.
