COMMUNITY INTEREST COMPANY REGULATOR APPOINTED
The Department of Business, Enterprise and Regulatory Reform (BERR) is pleased to announce the appointment of Sara Burgess as the Community Interest Company Regulator (CREG). She will take up this post on 14 September 2007.
The Regulator's role is as an independent, 'light touch regulator', who encourages the development of the CIC 'brand' and provide guidance and assistance on matters relating to CICs.
Sara Burgess has 23 years experience of working in management roles and has a good background of working in the voluntary sector and communicating at all levels. Sara said :
"I am greatly looking forward to taking on the role of Regulator of Community Interest Companies. The Community Interest Company has proved a popular corporate form - more popular than expected. Much of this success is down to the work of the first Regulator, John Hanlon and the team in the Office of the Regulator. I am very pleased to be joining the team at this time and taking on the challenges as the Community Interest Company brand develops."
The role and remit of the CIC Regulator is explained on the CIC Regulator website www.cicregulator.gov.uk.
Notes to Editors
Will check with the public appointments unit if these points are necessary
- The appointment of Sara Burgess has been made following an open competition undertaken in accordance with the Office of the Commissioner for Public Appointments (OCPA) Code of Practice for Ministerial Appointments to Public Bodies.
- All appointments are made on merit and political activity plays no part in the selection process. Sara Burgess declared no political activity in response to the question on the application form.
- Community Interest Companies were created in the Companies (Audit, Investigations and Community Enterprise) Act 2004, which received Royal Assent in October 2004.