British Business Bank appoints interim CEO of British Business Investments and British Patient Capital

The British Business Bank has appointed Judith Hartley as CEO on an interim basis of the Bank’s two commercial subsidiaries, British Business Investments and British Patient Capital from 1 September. 

The Bank has also appointed Francis Small as Chair, British Business Investments and Russ Cummings as Chair, British Patient Capital from 1 September.

Hartley currently holds the position of Managing Director of the Bank’s UK Network, a team that is physically located within each of the English regions and the three Devolved Nations. She joins the Bank’s Executive Committee and takes over the role from Catherine Lewis La Torre who has recently been appointed Chief Executive of the British Business Bank from 1 September.

Hartley built a career in corporate banking with Barclays and Bank of Scotland before becoming involved in the delivery of publicly funded access to finance products. Prior to her current role, Hartley was previously the British Business Bank’s Managing Director, Lending Solutions, where she was responsible for the delivery of a number of the Bank’s debt-based products, including the Enterprise Finance Guarantee, Help to Grow and Start Up Loans. Hartley joined the Bank from Capital for Enterprise where she was Managing Director, Debt Markets.
 
Catherine Lewis La Torre says: “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. I am delighted that she has agreed to take on the role of CEO on an interim basis and look forward to working with her as we support the UK’s economic recovery.”
 
Small became a Non-executive Director in June 2016. Prior to this, he spent 36 years at Ernst & Young where he ran the UK Corporate Finance practice before becoming Global Head of Corporate Finance and a member of Ernst & Young’s Global Board.

Cummings became a Non-executive Director in June 2018. He is former CEO, Touchstone Innovations plc, a UK technology investment companies. He brings more than 25 years’ experience as a venture capital and private equity investor having worked for Scottish Equity Partners LLP and 3i Group plc.