Financial inclusion charity appoints new CEO

Thursday 25 January 2024

Community Savings, which provides financial advice as well as loans and grants to those who are struggling to access funding from other sources, has announced the appointment of its new Chief Executive Officer.

Stephen Reilly will now take up the role, having previously served as Head of Integration with a local trust and corporate services provider.

His background also includes time as a Chief Operating Officer at a facilities management organisation as well as a Managing Director and Head of Corporate Banking & Financial Markets at an international bank.

He said: "I am delighted to be joining Community Savings and contributing to its mission of promoting financial inclusion in Jersey. I am eager to work with the team to provide essential services, guidance, and assistance to those most in need, ultimately helping individuals access mainstream banking services."

Community Savings was established as a charity in 1997 and aims to promote financial inclusion in Jersey by providing guidance and practical assistance to those facing financial challenges.

This includes things like basic account services, budgeting guidance, and emergency financial support.

In a statement, the board of Community Savings said it is "confident that Stephen Reilly's leadership and extensive experience will contribute significantly to the organisation's ongoing success and impact in the community".

The charity this week also announced that it was partnering with NatWest International to host a series of community drop-in advice sessions. 

The first of those took place at the Library Place branch yesterday, with others set to run from 10:00 until 14:00 on 24 April, 24 July, and 23 October.