Bath, UK – 5 June 2023: The Good Economy, the UK’s leading independent social impact advisory firm, is delighted to announce that Paul Stanworth, current Group Chief Investment Officer at Monument Re, has joined its Board of Directors as Chair.

Paul is a pioneer of institutional investment and place-based impact. He was previously CEO of Legal and General Capital which he led to provide early-stage investment to UK businesses and infrastructure. This unit was at the forefront of the drive for socially useful investments by large institutions and is today one of the UK’s biggest investors in regeneration projects.

Stanworth commented: “I am delighted to join the Board of The Good Economy as chair. Impact investing is at a critical stage in becoming the driving theme for long term investors. The Good Economy provides market leading and authentic advice for a wide range of stakeholders in this sector and I’m hugely excited to be involved with such a talented team.”

With a broad range of expertise covering private and public credit, venture capital, private equity and real estate, Paul’s insights are invaluable to The Good Economy (TGE). He has been instrumental in building successful start-up teams and businesses, showcasing his ability to drive business growth and innovation.

Paul co-led the Place-Based Impact Investing Project, a collaboration between The Good Economy, the Impact Investing Institute and Pensions for Purpose, that aims to mobilise greater flows of institutional investment for more inclusive and sustainable development across the UK.

Additional Board Members

Further strengthening the Board are a number of other non-executive directors and advisors whose deep experience in financial markets complements the decades of experience in sustainable development of the founders, Sarah Forster and Mark Hepworth.

Susan Hickey, Non-Executive Director – Experienced Leader in the Social Housing Sector

Susan Hickey, with over 25 years of experience in senior leadership roles, brings valuable insights from the social housing sector to The Good Economy’s board. Having served as Chief Financial Officer at Peabody Trust, one of London’s largest affordable housing providers, and currently holding the position of Interim CFO at Notting Hill Genesis, Susan’s expertise lies in long-term social and affordable housing management, specialist supported housing, investment, and risk management.

With a focus on strategies to influence socially responsible capital flows to social and affordable housing, Susan plays a crucial role in The Good Economy’s mission to address the UK’s social housing challenges.

John-Paul Preston, Non-Executive Director – Trusted Commercial Advisor and Negotiator

John-Paul Preston‘s expertise as a trusted adviser and commercial negotiator makes him a valuable addition to The Good Economy’s board. His experience as COO at Gresham House plc, where he was instrumental in expanding assets under management and creating sustainable investment funds, showcases his ability to drive growth and strategic development.

With his diverse background in private equity, investment and legal counsel, John-Paul provides strategic counsel to The Good Economy, ensuring its operations align with its mission and vision.

Isabelle Irani, Observer – Driving Greater Impact Through Sound Asset Management

As the co-founder of Sumerian Partners, Isabelle Irani brings a unique perspective to The Good Economy’s board. Her asset management experience and expertise in backing sound management teams to achieve lasting impact are invaluable to the organisation’s goals.

Isabelle’s commitment to investing for wider social benefit aligns with The Good Economy’s mission, and her participation as an advisor further strengthens the organisation’s capacity to drive positive change.

Rob Savage, Senior Advisor – Seasoned Finance Professional with Private Equity Experience

Rob Savage, a Chartered Accountant with 37 years of experience in private equity investment, adds depth to The Good Economy’s board and management team as a financial advisor. With a strong track record in financial management, corporate transactions and extensive managerial and non-executive director experience, Rob brings valuable financial insights to guide the organisation’s growth and governance.