Last night we held the Annual General Meeting for Friendship Works. As well as the usual business of signing off the accounts we were delighted to appoint two new Trustees to the board, both of whom bring significant experience of finance, business development and volunteering.
Lorcan McHugh, Chief Financial Officer for EMEA Equity Cash and Derivatives at Bank of America Merrill Lynch, is our new Treasurer. Lorcan is a Chartered Accountant and prior to Bank of America Merrill Lynch, worked at Accenture and KPMG. As well as his professional experience in the UK and Ireland, Lorcan also volunteered in Uganda for six months with Voluntary Services Overseas, developing the finance, IT and management capacity of a rural development agency. Lorcan was attracted to the role at Friendship Works because he holds a passionate belief in equality of opportunity and saw how mentoring could help to level the playing field for young people facing additional challenges in childhood.
Craig Morley, Chief Executive of The Challenge Network, joins the board as a Trustee. Craig co-founded The Challenge Network in 2009 and previously worked both in the commercial world (Proctor and Gamble and Rio Tinto) and the charity sector (Princes Trust and Raleigh International). Craig has also been a mentor at Friendship Works since 2008 and has seen the benefits of mentoring (both for young people and for volunteers) at first hand. Craig’s mentee finished his ‘A’ Levels last year and is now studying medicine at Leeds University. Through his experience as a volunteer, Craig has come to believe that long-term mentoring plays a vital role in supporting young people in the UK, and is looking forward to working with the Trustee Board to deliver our growth strategy over the coming years.
The next two years will be an important time for Friendship Works, as we build on the service improvements and developments that we have delivered since 2010 and continue to support more children across London. We will also be looking for opportunities to replicate our model of work in locations beyond London.
There will be many challenges along the way, particularly in this difficult financial climate and we’re extremely pleased to have Lorcan and Craig’s expertise and professional experience to help us on the journey.