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Successor for Kuenssberg

Barclay signs up as SIS vice chairman

Ken Barclay

Ken Barclay: will take over as chairman (photo by Terry Murden)

Social Investment Scotland (SIS) has appointed Ken Barclay as vice chairman to support and ultimately take over from the current chairman, Nick Kuenssberg. 

Mr Barclay joins SIS as it looks to build upon 16 years of consecutive growth, during which time it has invested over nearly £60m in social enterprises and charities across Scotland and the UK.

Mr Kuenssberg said: “We are delighted that Ken Barclay, one of Scotland’s most distinguished and respected business leaders, is joining the SIS board. He will add gravitas and financial weight at a critical time for SIS.”

Since leaving RBS in 2106 Mr Barclay has chaired the Scottish Government’s review group of non domestic rates in Scotland and became a compliance trustee for the Scottish Children’s Lottery, director and trustee of PoppyScotland.

He is also an advisory board member for the Institute for Public Policy Research and chair of The Lens, a coaching and mentoring workshop for business modelling and innovation.

Mr Barclay will take over as chairman of SIS in early 2019.

Mr Kuenssberg has been in the role since 2012 and during his tenure the lender’s income has more than doubled, as have the number of investee organisations. Staffing has increased more than threefold and the scope and standing of SIS has developed significantly.

Speaking of his appointment, Mr Barclay said: “As the largest not for profit provider of business loans to the third sector in Scotland, SIS is well placed to not only help meet this demand, but also to develop new forms of funding appropriate to the social enterprise models of the future.

“This in turn will help SIS attract more investment from the wider Scottish and UK investment community.” 

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