Errington takes on ART role
The Institute of Directors' National Director of the Year has been elected to chair Aston Reinvestment Trust (ART).
Craig Errington, chief executive of Birmingham-based mutual Wesleyan Assurance Society, will lead the board of the finance organisation.
He takes over the post from Lowry Maclean, a former chairman of Wesleyan Assurance Society who succeeded Sir Adrian Cadbury as chair of ART in 2004.
Errington said: "I feel honoured to be taking on this new role and following in such great footsteps. ART has strong foundations in place on which the new board can build.
"There are undoubtedly challenges ahead, but I think there are as many opportunities. With a strong board and experienced staff team, we can face the future with confidence."
Philippa Holland has been elected deputy chairman. She succeeds Ian Clegg, retired regional director of NatWest who served on the board since ART’s inception in 1997.
ART is a not-for-profit Community Development Finance Institution (CDFI), which lends up to £50,000 to businesses in Birmingham and Solihull which are unable to secure finance from the banks.
