The community business foundation Power to Change has promoted its interim boss to become the permanent chief executive.
Tim Davies-Pugh will assume the role immediately, having been interim chief executive since February.
Davies-Pugh was previously director of strategy and programmes at Power to Change, before taking over from Vidhya Alakeson on a temporary basis when she became director of external relations for Labour Party leader Sir Keir Starmer.
As acting England director of the National Lottery Community Fund in 2015, Davies-Pugh was part of the team that established Power to Change with a £150m endowment from the NLCF.
He has also held senior roles at the Cabinet Office, Office for Civil Society and the former social investment intermediary Numbers for Good. He is a trustee of the Safe Foundation, which works with families affected by domestic violence and abuse.
Community businesses, which use local assets to generate both profit and social good for their communities, are more important than ever during these “turbulent times”, Davies-Pugh said.
Power to Change originally planned to spend down its endowment and close this year, but announced in March that it would operate for at least another five years, after securing £20m from the NLCF.
Davies-Pugh said: “We are living through turbulent times and our work supporting strong, economically resilient and empowered communities has never been more important.
“We know community business works to strengthen communities and we will continue to use our position to bring partners together to fund, replicate, amplify and build thriving places that create lasting change at a local level.”