StepChange Chair set to join new Single Financial Guidance Body

1st June 2018

StepChange Debt Charity has announced that Sir Hector Sants will leave to become the first Chair of the new Single Financial Guidance Body. Sants will be stepping down from his role as Chair of the charity on 2nd October to take up the role on 3rd October 2018.

Phil Andrew, Chief Executive of StepChange Debt Charity, said “We are sad to be losing Sir Hector as he is an outstanding Chairman, but we are delighted that he’s moving to chair a new body which is critical to the long-term future of the sector and the wider economy.”

“We are enormously grateful for the role that Sir Hector has played in chairing our Board of Trustees, to which he has brought an excellent mix of extensive experience, insight and dedication, and we wish him every success in his new role.”

Sir Hector Sants said “It has been a privilege to be the StepChange Debt Charity Chairman since April 2015. It has touched me deeply to witness at first hand the sheer scale of the need for debt advice, a need that is not always fully appreciated but that I will seek to continue to address in my new role.”

“The recruitment process to find a new Chair for the charity is already underway. Existing StepChange Board member and senior independent director, Chris Stern will act as an interim Chairman if the recruitment process requires more time.”