Press Release
Boris Johnson today announced that Sir Trevor Chinn has been appointed as chair of the Mayor's Fund for London
25-6-2008 321
Boris Johnson today announced that Sir Trevor Chinn has been appointed as chair of the Mayor’s Fund for London. The Mayor made the announcement during the State of London Debate.
Sir Trevor Chinn is a high profile businessman whose dynamic career includes being Chairman of businesses from the RAC, to the AA and Kwik Fit. Sir Trevor Chinn is recognised for his tireless commitment to charitable work which has included chairing the Variety Club of Great Britain, the Duke of Edinburgh's Award Scheme, and the Wishing Well Appeal for Great Ormond Street Hospital.
Mayor Boris Johnson said “The Mayor's Fund for London will be a charity that aims to get money from the wealth-creating sector to communities across London that are facing hardship. London is a truly great prosperous city but there are immense pockets of deprivation throughout the capital, which cannot be ignored. The Mayor’s Fund will help provide support and engagement to these communities, particularly targeting disaffected young people. Funding distributed will be in addition to LDA and Government funding, including the £79 million pledged for youth clubs in London.
“There has never been a better time to reach out to young people and make a real difference by offering them positive choices, opportunities, and training that could shape and influence their future. Vulnerable youngsters can be easily lured into gangs and criminal activity. This Fund is about putting young people on the right path and I am immensely honoured that Sir Trevor Chinn has agreed to be Chair. ”
Sir Trevor Chinn said: “Areas of London suffer some of the worst economic and social deprivation in Britain, robbing young people of the opportunities they deserve. We must ensure that young people get help and support so as to turn a poverty of aspiration into positive expectations and a better life. I am sure that many people in London will want to help the Mayor’s Fund make a real difference. I am excited to be the Chairman of this very worthwhile project encouraging Londoners to help Londoners.”
The Mayor’s Fund will formally launch in late 2008 as an independent charitable company targeting corporates and high net worth individuals as well as recruiting Londoners to contribute their time and skills. Corporates or individuals who contribute will have insight into the sophistication of the Fund’s strategy and its intellectually robust progress.
Other confirmed trustees who will be:
· Lesley King-Lewis
· Stanley Fink
· Wasfi Kani
· Sir John Beckwith
The trustees are responsible for the careful distribution of funds raised. The Mayor's Fund will supplement established work in London's third sector by distributing additional funds to successful programmes.
Ends
Notes to Editors:
1. Biogs of trustees below:
Chairman
Sir Trevor Chinn
Sir Trevor Chinn CVO is Senior Adviser, CVC Capital Partners Ltd, Chairman of ITIS Holdings, an AIM listed traffic information company, Chairman of Aurora Russia Ltd, an AIM listed investment company established to invest in Russia, Chairman of Streetcar Limited, the UK’s largest car club operator and Chairman of Vigilant Technology Ltd, an AIM listed Israeli company which supplies ‘intelligent’ solutions for the high-end CCTVmarket. His philanthropic leadership roles included Chief Barker of the Variety Club of Great Britain for 2 successive terms (1977 and 1978), Chairman of the Friends of the Duke of Edinburgh's Award Scheme (for which he received his CVO - Commander of the Royal Victorian Order - in 1989), Vice Chairman of the Wishing Well Appeal for Great Ormond Street Hospital (for which he received his knighthood in 1990) and Deputy Chairman of the Royal Academy Trust.
Lesley King-Lewis
Lesley King-Lewis is the joint chief executive of Action on Addiction, formerly chief executive of Action on Addiction (AonA) which was the only independent UK research charity dedicated to finding new ways to prevent and treat substance abuse.
After graduating from Williams College Mass USA (BA) and London School of Economics (MSc) she joined Barclays Bank International (Graduate Training Programme). Lesley spent nine years with Barclays including two overseas assignments, Johannesburg and New York where she spent five years in the real estate division as a vice president.
She then moved into the voluntary sector, spending six years as development director at the National Art Collections Fund. Until recently Lesley was a trustee for the British Museum Friends and Wigmore Hall. Lesley is currently a trustee for the Barbican and the Alcohol Education Research Centre.
Stanley Fink
Stanley Fink is Non-executive Deputy Chairman of Man Group plc. He joined Man in 1987 becoming Group Finance Director in 1992 and led the team responsible for the successful flotation of the Group in 1994. He was appointed Managing Director of Man Investments in 1996 and then Chairman in 2002. He became Group Chief Executive in March 2000 and was appointed Deputy Chairman in March 2007. The company had around US$1 billion of assets under management when he took up the appointment in 1996.
Man Group is the largest listed hedge fund manager in the world, managing close to US$80 billion of assets. Man is a constituent of the FTSE 100 Index of leading UK shares.
Stanley Fink studied at Manchester Grammar School and then Trinity Hall College, Cambridge, qualifying with an MA in Law in 1979. He then qualified as a chartered accountant with Arthur Andersen and held positions at Mars and Citibank prior to joining Man Group.
Charities in which he plays a major part include the Ark (Absolute Return for Kids), the children's charity run by European hedge fund managers, including Arki Busson.
He has been a prominent supporter of the Burlington Danes City Academy school in London, where he has been chairman of the governors and also is a Trustee of the Guy's and St Thomas's Hospital Charity, having Chaired the Successful Appeal to build The Evelina Children’s Hospital in 2006.
Ms Wasfi Kani
In 1989 Wasfi founded the small-scale touring company Pimlico Opera, staging productions in unusual places most notoriously, prisons. In 1992, whilst continuing to run Pimlico, Wasfi was made Chief Executive of Garsington Opera. In 1997 she left to create Grange Park Opera in Hampshire. Wasfi raised £4m to create a new theatre at The Grange and establish an Endowment Fund for the company. In 2003 Wasfi set up another opera festival at Nevill Holt, the home of David Ross, co-founder of Carphone Warehouse. Wasfi sits on the board of the Theatre Royal Stratford East and is regarded as one of the most successful fundraisers in her field. Wasfi received an OBE for services to music in the New Year’s Honour’s 2002, an Honorary Doctorate of Music in 2007. and various other awards including most recently Asian Woman of Achievement
Sir John Beckwith
With his brother, Peter, he established the London and Edinburgh Trust PLC, which soon became Beck one of the UK’s top ten real estate companies.In addition, in 1986, Mr Beckwith founded Rutland Trust PLC, a diversified corporate finance, venture capital and insurance broking group, where he served as chairman until 1991. In 1993, Beckwith founded a private investment company called Pacific Investments PLC.Beckwith with was knighted in 1996 for his service to youth sports.In 1998 Sir John Beckwith funded development of the Institute of Youth Sport - a leading research centre which draws together staff with a common interest in the welfare, education, performance and development of young people participating (or being encouraged to participate) in sport and physical education.
2. Bob Diamond is an ambassador of the Mayor’s Fund and will advise the Fund through its development stage
3. For further information on the State of London Debate visit www.london.gov.uk
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