For many people working in the financial inclusion field, Malcolm needs no introduction. He is a real life social entrepreneur who has started a number of successful social businesses and not-for-profit organisations that make a difference to people’s lives. In 1993, he set up the charitable Foundation for Credit Counselling – the parent organisation of the Consumer Credit Counselling Service (CCCS). It now has 650 staff and has helped over a million people. He remains chairman.
He is chairman of non-profit Registry Trust, which runs the register of Judgments, Orders and Fines for the Ministry of Justice, and collects judgment information from other jurisdictions in the British Isles and Ireland. He is chairman of The Community Card, an inclusive low-cost prepaid card which is being launched with a number of credit unions. He conceived the Birmingham-based trades union bank Unity in 1980 and started the Employee Share Ownership Centre in 1988, to bring leveraged employee share ownership to Europe.
He is working on a number of new third sector projects. Additionally he chairs the education charity, Credit Action; CCCS Scotland; European Centre for Employee Ownership; and is a member of the advisory board of the Legal Services Complaints Commissioner.