Stephanie Sturrock, Chief Executive of social enterprise Seachange, has been named as the Director of Social Investment at Charities Aid Foundation (CAF). Following an extensive recruitment process led by attenti, she took up her new role at the beginning of this year. From the outset, Stephanie stood out as an exceptional candidate, bringing substantial experience of social investment, social enterprise, the public sector and the charity sector.
As Director of Social Investment, Stephanie will oversee the work of CAF Venturesome, which in the last 10 years has provided capital investment of £24m to 300 charities and social enterprises. She will also lead the development of a range of new social investment funds and services including the recently launched CAF Social Impact Fund - effectively the UK’s first retail risk capital fund.
Stephanie said she is ‘very excited’ by her new role at CAF. She said: "I’m really looking forward to working with CAF and helping it to extend its social investment capability.
"This is a fantastic opportunity to help ensure that innovative charities get the high impact loan finance they need."
She added: "This is a particularly attractive role for me as I have experience of both providing social investment and actually delivering services on the ground.
"One of my objectives will be to widen CAF’s social investment activities, to ensure that we continue to allow charities to access capital, where traditional sources of funding are not available to them."
Commenting on Stephanie’s appointment, CAF Chief Executive John Low said: "I am confident that Stephanie will successfully build on the widely respected work of CAF Venturesome in the social investment market and continue its leadership as both a pioneering thinker and practitioner delivering significant social impact.
“I know that in her new role, Stephanie will make a real difference by helping many charities, social enterprises and community groups access the capital that would not otherwise be available to them.”
In her post, Stephanie will look to continue the work of CAF and the sector in building the social investment market, to ensure charities have access to an increasing range of financial options to fund their vital work.
For more information on the Charities Aid Foundation, please visit https://www.cafonline.org/