Our mission is to oversee and support four Operating Companies, each dedicated to driving social change:
- Better Society Capital – Catalysing the market for social impact investment.
- Access – The Foundation for Social Investment – Enabling growth in the social sector through innovative funding solutions.
- Fair4All Finance – Promoting financial inclusion and fairness in financial services.
- Youth Futures Foundation – Identifying effective ways to improve employment opportunities for young people.
Together, these organisations address critical social challenges, fostering systems change across government, social investment, financial inclusion and youth opportunities, at scale .
The role of the Chief Executive Officer is outlined in the attached Job Description.
It involves working closely with a number of stakeholders involved with the Dormant Assets Scheme including the Department for Culture, Media and Sport (DCMS) (and other Government Departments), the National Lottery Community Fund (NLCF) the Reclaim Fund, the Operating Companies and the Board of the Oversight Trust itself.
It has also been announced that NLCF will be organising facilities to direct funding to opportunities to meet the needs of young people.
The Oversight Trust Board
The Oversight Trust Board consists of individuals with diverse experience and expertise, including appointees from DCMS and the NLCF.
We are committed to embedding equity, diversity, and inclusion in our work and value the perspectives of those with lived experience of the social issues the group is aiming to address. We hope to ensure this is represented on the Board and in the Executive.
The Role of Chief Executive Officer
As CEO, you will guide the Oversight Trust through an exciting period when Dormant Assets and their potential for creating positive change is attracting considerable attention marked by:
- Growth in Impact: With new funding streams from the Dormant Assets Act 2022 and expanded categories of assets, the Scheme’s importance in addressing deep-rooted social issues will be greater than ever.
- Strategic Evolution: As the Government reviews governance frameworks, you will help shape the Oversight Trust’s enhanced role and its partnerships with Operating Companies to maximise collective impact.
- Governance Review: Supporting the review of our governance processes, you will have the opportunity to refine how we operate and deepen engagement with stakeholders.
The Dormant Assets Scheme is poised to release an additional £440 million for England between 2024 and 2028, allocated to social investment, financial inclusion, youth initiatives, and also the establishment new funds under NLCF for youth and a Community Wealth Fund. With more assets anticipated as the scope of assets covered by the scheme expands, the CEO will play a central role in guiding this phase of growth, including the potential growth of the Oversight Trust’s own role and resources.
Leadership Opportunity
As CEO, you will support a highly skilled and dedicated Board, working collaboratively to support the Operating Companies in achieving their missions. Your leadership will ensure the Oversight Trust continues to evolve in overseeing and ensuring social impact, leveraging new opportunities and meeting the challenges of tomorrow with clarity and purpose. You will play a key role in encouraging greater participation in the Scheme by financial institutions.
Explore this microsite to learn more about the Oversight Trust, our Operating Companies, and the detailed attributes we are seeking in our next CEO. We look forward to welcoming a visionary leader who will champion our mission and help us unlock the full potential of the Dormant Assets Scheme for communities across England.