The Lloyds Bank Foundation has appointed a new deputy chair after the previous incumbent stepped down from the role after six years.

Brian Heath MBE will be replaced in the role by the government’s chief economic adviser Tom Holvey.

Mr Heath, who was honoured with an MBE in 2017 for services to the Island’s Probation and After-care Service, said: “It has been a huge privilege to serve on the board. I’ve enjoyed working with a diverse group of colleagues, all of whom have brought a different perspective to our discussions and decision-making.

“While I will miss them, it will be great for the board to have a fresh pair of eyes on the inevitable challenges and changes the next six years will bring for the charitable sector.”

When asked what his next steps will be, he added: “I shall be keeping busy with my other voluntary, government and academic sector commitments, as well as hopefully continuing to enjoy an active retirement.”

Mr Holvey has been on the foundation’s board as a trustee since July 2024.

Commenting on his appointment, he said: “I am delighted to have been asked to take on this role, supporting the chair and wider board. I have thoroughly enjoyed my initial time, especially meeting so many charities across both islands and look forward to contributing further in the new role.”

Philippa Stahelin, chair of the board, said: “On behalf of the board, I want to extend our sincere thanks to Brian for his service.

“His steady leadership, deep commitment, and thoughtful guidance have helped steer the Foundation, and we are grateful for the impact he has made. As we look ahead, we are delighted to welcome Tom into the role of deputy chair. He brings valuable expertise and a fresh perspective that will strengthen our work even further.”