Hartley will be taking on the permanent role after almost two years as the company’s acting CEO.
Image source: Judith Hartley.
Harltey was appointed acting CEO of both British Business Investments and British Patient Capital in September, and will now take on the role of permanent CEO at the end of her secondment in Autumn.
Catherine Lewis La Torre will be taking on the other half of Hartley’s interim appointment, becoming CEO of British Patient Capital.
In addition, La Torre has been appointed chair of British Business Investments, taking over from Francis Small, whose term in the role recently ended.
La Torre is also now senior responsible officer for the Bank’s other equity schemes.
“The Board is confident that these appointments will continue to strengthen the leadership of the Bank and help us deliver on our mission to drive sustainable growth and prosperity across the UK,” British Business Bank Chair Lord Smith of Kelvin said.
“[It will also help] enable the transition to a net zero economy, by improving access to finance for smaller businesses.”
Before acting as interim CEO of the two branches, Harltey spent almost six years as managing director, first for lending solutions and then for the UK network.
“[British Business Investments] has a highly experienced and dedicated team and I’m looking forward to working with the Board and the investment team to further develop the company and its impact on the UK’s small business finance markets,” Hartley said.
“British Business Investments’ mission will remain focussed upon increasing the supply and diversity of funding for small businesses across the whole of the UK.”
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