SIS moves to bolster senior team

SIS moves to bolster senior team
Social Investment Scotland

Social Investment Scotland (SIS) the national body  that makes loans and grants to third sector organisations,  has announced several key appointments to its Board and senior management team as part of its ongoing expansion strategy.

The recent recruitment drive sees Debbie Zima, former Operations Director for Chicago based community development financial institution, Illinois Facilities Fund (IFF), join SIS as new Investment Operations Manager; while Alastair Davis joins the team as Investment Director from Bank of Scotland Corporate, where he looked after lending to `not-for-profit’ organisations.

SIS has also added Edel Harris –  current Chief Executive of leading social enterprise Cornerstone –   to its team as Chair of  the Scottish Investment Fund – Investment Panel.* Scottish Enterprise Chief Financial Officer Hugh Hall has also been appointed as a new non-executive director to  the SIS Board.

A key aspect of Zima’s new brief will see her taking responsibility for all aspects of investment support at SIS – from initial enquiries through to disbursement of awards.

Davis, meanwhile, will be tasked with managing the £30m Scottish Investment Fund*, including responsibility for all new applications and relationships with existing investment clients. He’ll be joined in this by Harris in her new role.  SIS manages the Scottish Investment Fund on behalf of the Scottish Government.

Scottish Enterprise finance chief Hall, meanwhile, joins the SIS board with a brief to further strengthen the organisation’s ongoing approach of fostering a more commercial focus amongst Scottish third sector enterprises.  Before joining Scottish Enterprise, Hall was Managing Director at Audit Scotland and has held a number of senior, public sector posts at VisitScotland; the Scottish Funding Council and the Scottish Executive.

Welcoming the new appointments, SIS Chief Executive Craig Campbell said: ‘Given we’re a growing organisation, presiding over significant finance provision for a range of social businesses, it’s paramount we have a team full of the best quality people capable of driving forward our agenda; and these appointments are certainly testament to that approach.

‘With their combined knowledge and experience of both the private and public sector,  Debbie, Alastair, Edel and Hugh will each bring distinct skills and talents to the table, and further strengthen the first class team already in-house at Social Investment Scotland.”