Key Fund names new chief executive

Karl Gardiner was previously director of North East Finance and director at economic development consultancy, Feed Fusion Consulting. He replaces Ann Oldroyd, who steps down after ten years’ service. The Sheffield-based Key Fund, which itself is a social enterprise, offers finance in the form of loans, grants and equity packages to other social enterprises and not-for-profit organisations.

Mr Gardiner said: “What’s so fascinating about social and community enterprise is that it is a massively diverse and vibrant sector with substantial growth potential. These businesses have the potential to make a very real difference to people’s lives and the transformation of their communities on a day-to-day ba- sis.”

Alistair Grimes, chair of the Key Fund board, said: “Ann’s contribution over the last ten years has been invaluable.

“She has made sure the fund has made a real impact.”