Investing for Good and Charity Bank merge

Today, Charity Bank and Investing for Good have announced their intention to merge and form a strategic alliance in order to better achieve their joint mission of maximizing the positive use of investment capital.    The merger combines Charity Bank's banking infrastructure of deposit and lending, with Investing for Good's regulated authorisations as an arranger and investment adviser.  
Geoff Burnand  of Investing for Good has been appointed Chief Investment Officer at Charity Bank and Caroline Mason of Investing for Good has been appointed as Chief Operating Officer. interviews throughout today both organisations have expressed their excitement and enthusiam for the potential ahead.  Malcolm Hayday, Chief Executive at Charity Bank, has stated that this will bring about much needed impetus for the "development of a broad range of social investment services at the most critical juncture for financial services in a generation".  
This was echoed by Caroline Mason, who explained that the two organisations had worked on a number of projects over the last few years and, as a result, had built up " a great deal of mutual understanding and trust, which together with clearly aligned missions, made the merger an obvious path to take."
Geoff Burnand, CEO of Investing for Good, stated " If the sector is going to proceed, it needs to demonstrate collaboration and scale".
The growth of social investment opportunities and the appetite of investors for investments that offer something positive as well as a financial return will provide a spring board for both organisations.