BBB appoints Lewis La Torre as interim CEO

The appointment takes effect from 1 September 2020. Lewis La Torre currently holds the position of CEO of the bank's two commercial subsidiaries, British Patient Capital and British Business Investments.

In October 2019, Keith Morgan announced that he would be standing down from the role of CEO of BBB by the end of 2020, after eight years at the helm of the UK's economic development bank.

This interim CEO appointment will be followed by a search for a permanent successor. Keith Morgan will work with Lewis La Torre through the autumn to ensure an orderly transition.

Lewis La Torre joined BBB in 2016 from Cardano Risk Management, where she was head of private equity, responsible for managing a global portfolio of private capital fund investments with more than £1bn in commitments.

Prior to this she was a partner with secondaries specialist Fondinvest Capital in Paris, having previously been one of the founding partners of fund-of-funds manager Proventure, which focused on venture and growth capital investments in Europe.

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