Lord Eatwell was also taught at Cambridge University, where he was professor of financial policy and was president of Queen’s College for over 20 years — he also has extensive experience in banking, financial policy and regulation.
From 1985 to 1992, he served as economic adviser to former Labour Party Leader, Neil Kinnock, and in 1992 he entered the House of Lords and is the current chairman of the Jersey Financial Services Commission.
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Commenting on his appointment, Lord Eatwell said: “I’m excited to join Unity’s board because it brings together all of the elements of my career that I’m interested in.
“Unity has a ‘double bottom-line’ strategy of careful and responsible financing alongside a commitment to social purpose.
“The bank has performed remarkably well since becoming independent nine years ago and I’m looking forward to being involved in its next stage of growth.”
In 2023 the bank announced it had lent over £1bn with almost half being allocated to deprived areas.
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