HCT Group announces Sir Vince Cable as new chair
Posted: 18 Jul 2016
HCT Group is delighted to announce that the Rt.Hon. Sir Vince Cable is to become its new Chair.
Sir Vince will be responsible for leading our board of trustees, overseeing the development of our strategy, ensuring the board provides effective governance and that we operate efficiently and effectively in pursuit of our social mission.
Sir Vince was Secretary of State for Business Innovation and Skills and President of the Board of Trade (2010-2015). He was Member of Parliament for Twickenham 1997-2015; deputy leader of the Lib Dems 2007-2010 and shadow chancellor 2003-2010. As MP was chair of the All Party Police Group and All Party Group on Victims of Crime and a member of the Treasury Select committee. His political service also drew on a strong track record in industry, gained at Shell International where he rose to the position of Chief Economist.
Speaking about his appointment at HCT Group, Sir Vince said; “I am a great believer in the potential of social enterprise to create social justice, using business to address the pressing social issues of our times. HCT Group exemplifies this, competing in its markets and striving to make a positive social impact – which is why I am so excited about my new role. ”
Dai Powell, Chief Executive of HCT Group, added; “At a time when our commercial environment is changing rapidly, Sir Vince not only brings a deep understanding of the political landscape and experience of industry, but also a real commitment to the values of the organisation as a social enterprise. We are very pleased to have Sir Vince joining us – we have ambitious plans for the future and I look forward to working with him in the months and years ahead.”
“I would also like to thank Joyce Moseley, our outgoing Chair. She has served the maximum length of time permitted under our governance rules with vigour and distinction. Her time as Chair has seen HCT Group double in size, with a corresponding increase in our social impact.”
Sir Vince will commence his role as Chair from September 2016