The Big Lottery Fund is the largest distributor of UK National Lottery good cause funding. It aims to bring real improvements to communities and the lives of people most in need by making grants to health, education, environment and charitable causes across the UK.
The board is responsible for the overall strategic direction of the Fund; making sure that it delivers its goals and has the advice and support it needs.
David's appointment to the board coincides with those of Elizabeth Passey, Managing Director of Investec Asset Managements, and Perdita Fraser, an angel investor and a partner at a clean technology consultancy firm.
David Isaac has experience of a number of high profile trustee roles and fund management work – including acting as a trustee of the Diana Princess of Wales Memorial Fund – and was for several years the Chairman of the charity Stonewall. His work in the voluntary sector led to his being awarded a CBE in 2011.
Minister for the Cabinet Office Francis Maude said:
"The Big Lottery Fund plays a vital role in supporting a vibrant voluntary sector throughout the UK. I am confident that these 3 new additions to the board will bring a range of fresh new ideas, valued commercial acumen and a great deal of knowledge to the table. I wish them every success in their roles."
Peter Ainsworth, Chair of the Big Lottery Fund said:
"I am delighted to welcome Elizabeth, Perdita and David to our team, they bring an impressive mix of talents and skills that will further broaden the cross sectoral expertise of our board.
They are joining the Fund at a particularly exciting time when we have just embarked on a review for the development of our strategic framework between 2015 and 2021. I am looking forward to working with them during this important juncture as we develop our plans for the future."
David Isaac said:
"It is a tremendous honour to join the Fund at such an exciting time in its development. I look forward to working together with the Chair and the board to ensure that the fund is able to continue fulfilling its crucial role in supporting the voluntary sector."