By Aisling Finn on Wednesday 19 August 2020
Judith Hartley will step into the role that incoming interim CEO Catherine Lewis La Torre recently left.
The British Business Bank has appointed Judith Hartley as interim CEO of its two commercial subsidiaries British Business Investments and British Patient Capital.
Hartley will step into her temporary role on 1 September 2020, moving from her current role of managing director of the bank’s UK network.
Lewis La Torre will assume her role as CEO of the bank at the end of 2020 following current CEO Keith Morgan’s departure after eight years at the helm of the British Business Bank.
Catherine Lewis La Torre, interim CEO of the British Business Bank, said: “Judith is a highly respected leader, with more than 30 years’ corporate banking experience and a strong track record of commercial success.”
“She has successfully established and led the Bank’s UK Network team and recently led the Bank’s lender accreditation team during the Covid-19 response and has made a considerable contribution to the Bank since she joined in 2014."
The British Business Bank also appointed Francis Small as chair of British Business Investments and Russ Cummings as chair of the British Patient Capital, both starting on 1 September 2020.
Small became a non-executive director in 2016 and before that worked in a variety of roles at Ernst & Young, most recently he held the position of global head of corporate finance.
Cummings was appointed as a non-executive director in June 2018 and is the former CEO of Touchstone Innovations plc and has over 25 years’ experience in the venture capital and private equity investment space.
Throughout the coronavirus pandemic, the British Business Bank has helped to deliver over £52bn in government-backed loans to more than 1.2m UK businesses.