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Mike Barley appointed Chair Designate of the Money Advice Trust

·         Current Chair Martin Hall MVO MBE will hand over to Mike Barley in November
 
National debt advice charity the Money Advice Trust has today announced that Mike Barley is appointed into a new role of Chair Designate and will work closely with current Chair Martin Hall until a full handover in November, when Martin will step down from the Trustee Board.
 
Martin Hall has been Chair of the Money Advice Trust –which runs National Debtline, Business Debtline, My Money Steps and wiseradviser since – 2005 and a Trustee since 1994. Helping guide the Trust through the financial crisis and the ensuing jump in demand for advice services, Martin has brought invaluable expertise and insight into the Trust and to the broader credit and debt sector.
 
Mike Barley joined the Money Advice Trustee Board in 2010 bringing extensive regulatory and risk management experience. Mike currently chairs the Money Advice Trust Audit Committee. Mike was previously Chief Executive of commercial lending at Close Brothers Ltd, and has worked for Abbey National and Barclays Bank. Mike also has extensive knowledge of the third sector, having been a Non-Executive Director and Treasurer of the National Autistic Society and a Trustee and Treasurer of The Landirani Trust.
 
Joanna Elson OBE, Chief Executive of the Money Advice Trust, said:
“Martin Hall has been an exceptional Chair for the Money Advice Trust and has helped us grow our advice and adviser support services to meet the increased demand brought on by the credit crunch and subsequent increase in demand for debt advice. “His contribution, not only to the Trust, but to the broader debt advice community through our partnership with key free advice providers and creditors, has played a major role in securing the impartial help that millions of people receive for free each year to help tackle their debts and manage their money wisely.
 
“We are delighted that Mike Barley will follow in Martin’s footsteps. Mike’s contribution to the Trust since joining the Trustee Board in 2010, in addition to his vast experience of both the finance industry and the third sector, means that he is well  placed to help the  Trust  to capitalise on the  opportunities and challenges in the years ahead.” 
 
Martin Hall, Chair of the Money Advice Trust, said:
“The Money Advice Trust helps more than one million people each year, through its direct advice and adviser support services. I am proud to have played a role in its development, and confident that under Mike’s Chairmanship, the Trust will continue to deliver its vision of helping people across the UK to tackle their debts and manage their money wisely.
 
Mike Barley, Chair Designate of the Money Advice Trust, said:
“I am honoured to have been offered the opportunity to play a key role in the future of the Money Advice Trust. It is vital the Trust continues to ensure high quality, free, impartial money advice is available for the millions of people who stand to benefit from such help.
 
I look forward to working closely with Martin and Joanna in the coming months on a handover before taking on the position of Chair in November.”
 
 
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