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Insider UK
Insider UK
Business
Steven Wilson

Hat trick of board appointments at Social Investment Scotland

Finance provider Social Investment Scotland (SIS) has appointed three new senior non-executive directors to their board.

Claire Treacy, Sheila Fazal and Collette Norval will join the company's eight-strong board and will support the delivery of SIS's new ten-year strategy or providing social entrepreneurs with the investment and support needed to create greater, more sustainable impact.

Treacy, who recently established finance consultancy Bealach Advisory, will chair the firm's Risk Committee. She has held several senior finance roles, most recently as CFO for Europe of Cromwell Property Group.

Fazal's appointment comes after a long career in the accountancy sector, where she worked at PwC and was also a part time CEO at Social Enterprise Accountancy Scotland CIC. She will chair SIS's Audit Committee.

The appointment of the trio now means the SIS's female board representation is now above 50%.

Commenting on the new appointments Ken Barclay, Chairman, SIS said: “Claire, Sheila and Collette bring with them invaluable qualities, experience and expertise in the fields of risk, finance and social enterprise to the Board of SIS. We know that diversity in the boardroom leads to better business outcomes and I am sure that our new Board members will make a significant contribution to the pursuit of our long term vision to create an impact economy.​ With the publication of our new 10 year strategy and in the midst of an ongoing pandemic, I’m excited by the challenge of what we as a Board can do to support the SIS Executive in playing an important role as Scotland looks to rebuild its economy.”

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