Welcome letter from Richard Collier-Keywood

Thank you for your interest in becoming the Chief Executive Officer of Fair4All Finance Limited.

In 2018 the Government announced that a further £330m would be unlocked from dormant bank accounts - money that customers have not touched for 15 years or more and where banks have been unable to contact those customers. The Government has decided that £55m of the £330m will be allocated to increasing the use of fair, affordable and appropriate financial services, with a particular focus on using the money to increase access to affordable credit. This is a great opportunity to turn money that has been ‘gathering dust’ and benefitting nobody into real support for some of the most financially vulnerable people in our society.

It has been agreed that this objective can best be delivered through a new independent organisation, sitting outside of the control of government and it is a privilege for me to have been appointed the founding Chair of this exciting new organisation. Clearly much of the success of this ambitious initiative will rest on selecting the right CEO to fulfil the long-term ambition of this programme.

The person we select will have a unique opportunity to help build the organisation from the beginning including its vision, strategy, business plans and, perhaps the most important, the people that will make this happen. He or she will create an enduring legacy of increased inclusion in financial services for those on lower incomes, helping to solve the problems of access to affordable credit together with a number of other problems they have in accessing affordable and fair financial services.

It follows that the right candidate is likely to have an impressive combination of skills, experience and drive - and will be enthusiastic to take on the role of CEO. We are seeking someone who can bring both perspective and motivation to this challenge. You may already have considerable experience in the financial services or financial inclusion sectors, or you may have experience from elsewhere that you can bring to help shape this ambitious initiative. If you think that you can bring the vision and leadership that we are looking for, then we would love you to submit an application.

I look forward to meeting exceptional candidates from all backgrounds.

Best regards

Richard Collier-Keywood

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