20 February 2015
Due to expanding commitments as Executive Chairman of publicly listed company Silver Chef Limited, Allan English will be stepping down as Chairman of The Funding Network (TFN) on March 6, 2015, and handing over the reins to Andrew Tyndale.
Andrew has been closely following the progress of the organisation since the pilot events preceding its official launch in February 2014.
“Like Allan, Andrew has been a terrific advocate for TFN from the very start and I am thrilled that he has agreed to chair our Board,” said Lisa Cotton, TFN’s Co-founder and CEO.
“Andrew has enormous enthusiasm for the social sector and brings decades of commercial and investment banking experience. We think he is going to make an extraordinary addition to our very strong Board and team,” said Lisa. “His strategic focus on social change makes him a great fit for us and our vision of Australian philanthropy that is accessible, collaborative and rewarding for all.”
“I am delighted to be named Chairman-elect of The Funding Network,” said Andrew. “TFN is disrupting traditional methods for giving in this country by harnessing the power of collective action in support of grassroots non-profit organisations. I welcome this opportunity to be even more closely involved with an organisation so committed to increasing giving in Australia.”
Tyndale spent 26 years in leading commercial investment banking groups and has considerable public and private board experience. Since 2008, he has been leading Grace Mutual Limited, a not-for-profit company designing investments to attract wholesale capital into social infrastructure and advising government on social investment. He is currently assisting one of the working groups for the G8 TaskForce on Social Impact Investing and will continue to serve on the boards of non-profit developer of social and disability housing, Sustain Community Housing, and Good360, which arranges for the re-distribution of surplus business products for social impact.
Allan English will remain closely connected to TFN as one of its founding partners “TFN is a genuine enabler and opportunity maker – bringing together the right people, resources and projects for social change.” said English. “It is something I am extremely proud to be part of and, although my particular role is changing, I look forward to continuing my relationship with this terrific team for a very long time.”