Blackpool solicitor and adviser David Owen left his deputy role to lead the board of the organization which helps people save and stay away from loan sharks, while the banker at retired Philip Owen was appointed Treasurer.
Councilor David Owen, who was a representative on Blackpool Borough Council for 43 years, has been a member of the credit union’s board since its inception in 2009.
Well known in the resort, he is also chairman of the council’s planning committee, chairman of the Winter Gardens Trust and runs his own law firm Layton Law.
Half a million pounds distributed over Christmas by Lancashire Credit Union
Councilor Owen replaces Ron Bell OBE as Chairman of the Credit Union Board. Mr Bell, who received an OBE for service to the Royal Marines after his seven-year term as national chairman of their charity and was also a councilor in Blackpool, was another founding member of the credit union.
Handing over the reins, Mr. Bell told the Board, “It has been an absolute pleasure to work with this Board and the fantastic operational team at CLEVR Money. I’m sad to go, but happy to have overseen a phenomenal time for the organization, having a record loan of £2.96m to help people in this community avoid bad debt.
“I know that I am leaving CLEVR Money in extremely capable hands and that the commitment of the Board and staff will ensure the longevity and success of the organization for many years to come. Thank you all for your friendship and support over the years.
The new president paid tribute to Mr. Bell, who held the position for six years, saying that the credit union had benefited from his deep commitment, knowledge and leadership over the past 15 years.
Philip Owen was also elected treasurer, taking over from the council’s chief financial officer, Steve Thompson. Mr Owen is also chairman of the credit committee, a role he took on in 2019. He retired as a director of Barclays Bank in Lancashire after 36 years and served on the board of CLEVR Money over the past four years.
The credit union also welcomed a new board member, John Donnellon, chief executive of Blackpool Coastal Housing. While Paul Whitehead, director of finance and resources for Blackpool Housing Company, has joined the CLEVR Money oversight committee.