Fair4All Finance has named former Grant Thornton UK CEO Sacha Romanovitch as its first CEO. She will assume the role from 1 September 2019. The organisation aims to create and deliver strategic activities, partnerships and programmes that support the financial wellbeing of the most vulnerable people in society.
Fair4All Finance was founded in February 2019 and is funded by dormant assets money for financial inclusion. Romanovitch currently co-chairs the overall Inclusive Economy Partnership and the financial services sub-group.
Founding chair of Fair4All Finance, Richard Collier-Keywood, said; “I am delighted that Sacha has accepted this role. She has great empathy for the plight of individuals who are currently excluded from accessing fair and affordable financial services, which, together with her vision and energy, means that she is a great choice for the role. I look forward to working with her in the future as I assume the role of non-executive chair and as I hand over the CEO role to her.”
Romanovitch said; “Some 12m people in the UK have less than £50 in savings. They often have no insurance against life events and 8.1m have problem debt. This is the scale of the challenge that taking up the role of CEO at Fair4All Finance presents and it’s a challenge I’m ready for.”