ONE of the best-known figures in the region's legal and academic community has landed a senior position at an investment fund.
The North East Access to Finance (NEA2F) has appointed Lucy Winskell to be a non-executive director of five of its subsidiary companies.
The former Newcastle Law Society president and current pro vice-chancellor at Northumbria University, with responsibility for the university’s enterprise initiatives in the region, was picked because of her board level experience with investment funds.
NEA2F was set up to manage the legacies from public sector funds including some of the region’s historical investment funds.
Stephen Lightley, chief operating officer at NEA2F, said: “It is vital to the future of the region’s small and medium-sized businesses that the funds that exist to support them are maintained in such a way that their returns are maximised most effectively and we are delighted to welcome Lucy, who brings such a wealth of experience and expertise to NEA2F.”
In her non-executive role, Winskell will sit on the boards of the subsidiary companies, overseeing the performance of investment funds and generating returns which will be the basis of new funds in the future.
She is also deputy chairman of Seaham-based Business Enterprise UK Ltd, which delivers regional and national contracts to improve business start-ups and to sustain SMEs and is a former non executive director of the North East Regional Investment Fund, which managed more than £50m worth of funds aimed at improving the growth of SMEs.