Charity Bank hires senior banker Martin McCarthy to head up its Northern Ireland operations.
Charity Bank, an ethical bank which uses its savers’ money to make loans to charities and social enterprises, appoints Martin McCarthy as it seeks to support more good causes in Northern Ireland.
Martin said: “It was Charity Bank’s ethos and clear position as a bank for good that drew me to the role. I am excited by this opportunity and my goal is to grow Charity Bank’s presence in Northern Ireland and support the extraordinary work of the social sector.”
A graduate in Banking and Finance from University of Ulster, Martin brings over 30 years’ experience from working with AIB Group/First Trust Bank across Northern Ireland where he has undertaken various management roles including Lending, Credit and Customer Relationship Management.
Martin is also a Director of Building Change Trust and is Chair of his local church Finance Committee.
Peter Kelly, Charity Bank's Business Development Director, said: “We are delighted to welcome Martin to the team. For over a decade we have been actively supporting charities in Northern Ireland where there is a wonderful diversity of charities and social enterprises working hard to make a difference in their communities. We want to be able to support more great causes, from community sports through to housing associations, regeneration projects, arts, and much more.”
Charity Bank provides loans and support to help charities and social enterprise to buy property, develop social housing or community facilities, support expansion plans and new programmes of work, to manage their working capital or to undertake social projects. When an organisation pays back its loan, the money is used by Charity Bank to lend to another organisation working to benefit society.