Financial regulator to be head of Christian Aid

17 December 2009

by Bill Bowder

Difficult times: Loretta Minghella, cur­rently working in financial services CHRISTIAN AID

Difficult times: Loretta Minghella, cur­rently working in financial services CHRISTIAN AID

THE new director of Christian Aid will be Loretta Minghella, a former lawyer and former legal “enforcer”, writes Bill Bowder. She is currently chief executive of the independent Financial Services Compensation Scheme (FSCS), the compen­sation fund “of last resort”.

Ms Minghella succeeds the present director, Dr Daleep Mukarji, who steps down in April. A spokes­woman for the aid agency said: “He decided a year ago that, when he had completed 12 years, he would move, because he would have been with Christian Aid long enough.”

Ms Minghella was a legal adviser and prosecutor in the Government’s Investigations Division. She was, among other things, head of en­forcement law, policy, and inter­national co-operation at the Financial Services Authority, before becoming CEO of the FSCS five years ago. Last year, the FSCS paid out £21 billion in com­pensation.

Ms Minghella, a committed Christian, said in a statement that Christian Aid had been facing difficult times. She was confident it could move forward, and was at­tracted to its approach to poverty.

“It seeks to address the immediate effects of poverty and natural disaster, and it also looks to help those in poverty to help themselves out of it.”

Dame Anne Owers, who chairs Christian Aid’s trustees, and led the selection panel, said that the new director would “build on the tremendous achievements of Daleep Mukarji”.

Christian Aid faces large-scale redundancies among its 760 UK posts paid from the charity’s general fund, as a result of the financial downturn (News, 16 October).

Forthcoming Events

16-18 February 2018
Church Times Festival of Faith & Literature

Our literary festival with a theological slant in Bloxham, Oxfordshire. Speakers include Francis Spufford, Ruth Valerio, Eve Poole, Mark Oakley, James Runcie and many others. Find out more

5-6 May 2018
Church Times Festival of Poetry
With Sarum College, Salisbury. More details coming soon - register your interest here

The Church Times Podcast

The Church Times Podcast, hosted by Tim Wyatt and Ed Thornton, features a mixture of interviews and news analysis. Listen online

Subscribe now to get full access

To explore the Church Times website fully, please sign in or subscribe.

Non-subscribers can read seven articles each month for free.