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On the evening of the 12th of June, Heart of the City’s President the Lord Mayor, Alderman Fiona Woolf, announced that she would be sharing her presidency with Mark Carney, Governor of the Bank of England. The announcement was made at the Bankers and Merchants at Mansion House in the presence of Chancellor George Osborne.
Mr Carney joins the Lord Mayor to share the responsibility of presidency for Heart of the City, a 800-strong powerhouse of responsible business leaders, CSR practitioners and change agents committed to sharing their experiences and their time with others in order to measurably improve our society.
Heart of the City was launched in 2000 as a joint initiative of the Bank of England, City of London Corporation and Financial Service Authority. Lord Eddie George was a founding Co-President.
Mark Carney, Governor of the Bank of England and Co-President of Heart of the City said:
“The Bank of England, notably through former Governor Lord George, has a long history of involvement with Heart of the City, and I am delighted to continue that tradition of support by serving as Co-President alongside the Lord Mayor. Lord George rightly believed that firms must recognise their responsibility for the broader system. Such a sense of the systemic is necessary in order to build and maintain social capital and contribute to inclusive capitalism. Heart of the City plays an important role in this regard, helping firms large and small to develop their corporate social responsibility programmes. I encourage all businesses to become part of its network and take full advantage of its broad range of resources and support.”
Alderman Fiona Woolf, the Rt Hon The Lord Mayor of the City of London and Co-President of Heart of the City said:
“We’re delighted that Governor Carney is joining us at Heart of the City. CSR has already become an integral part of business for most corporates in the UK, but for many smaller businesses – which account for 99% of the country’s employers – it is still an unknown and daunting challenge. So Heart of the City aims to engage as many small and medium-sized enterprises (SMEs) as possible and we are delighted that the Governor has also chosen to support this aim.”
Photo (L-R): Alice Durand, Jordana Jackson, Governor Mark Carney, Harvey McGrath, Carolyn Housman, Carolyn Wensley, Mohamed Hussain.