Big Society Capital Appoints Stephen Muers As New CEO
U.K. impact investor Big Society Capital has announced that Stephen Muers is to assume the role of Chief Executive Officer with effect from 1st May.
Muers has been at Big Society Capital since 2016, working for four years as Head of Strategy and Market Development and more recently as interim CEO since May 2020. During this time, Muers has led on the organisation’s strategy planning, building relationships across Big Society Capital’s range of stakeholders, from the social and public sectors to institutional investors and latterly leading the organisation in its response to the pandemic.
Muers joined Big Society Capital from the U.K. Civil Service, where he held the post of Director, Criminal Justice Policy, and before that, senior posts in the Cabinet Office and Department for Energy and Climate Change. He is a Trustee of Fair Trials International, the global criminal justice watchdog, and Chair of Trustees for Friends Provident Foundation, an independent charity making grants and using its endowment towards a fair and sustainable economic system that serves society.
Muers' appointment comes at an important time for Big Society Capital, ahead of the launch of its new strategy later this year.
Sir Harvey McGrath, Chair of Big Society Capital, said:
“Big Society Capital’s Board wholeheartedly backs Stephen’s appointment as CEO. He has shown great leadership throughout the last year, taking the helm at a difficult and critical time. We are confident that under Stephen’s direction, Big Society Capital can deliver for all stakeholders in helping to build the social impact investment market to tackle social issues.”
“It is an honour and privilege to lead Big Society Capital, a unique and exceptional organisation. During my five years here, and especially in the last year as interim CEO, I have learned how much difference can be made to some of the biggest issues facing UK society if investment capital is connected to the right organisations in the right way. We are at a huge moment of opportunity to grow that impact many times over and improve more people’s lives. I am looking forward to working with the fantastic team here at Big Society Capital, as well as our wide range of stakeholders, to seize that opportunity and take social impact investing to a new level.”
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