For people working in the financial inclusion field, Malcolm needs no introduction. He is a man of action in a world of talking, 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.
As well as chairing The Financial Inclusion Centre, he recently set up and chairs Action for Financial Inclusion (AfFI) to turn ideas on promoting financial inclusion and resilience into action.
In 1993, he set up the charitable Foundation for Credit Counselling the parent organisation of the Consumer Credit Counselling Service (CCCS), the biggest debt advice charity in the UK, now known as StepChange.
In 1985, he set up 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 still serves on the Registry Trust board.
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.
Malcolm read Slavic languages at Magdalene College, Cambridge and retains a very keen interest in Russian literature.