Meet the Board
SWIG Finance is the South West’s leading Community Development Financial Institution. We are passionate about bringing social and economic benefits to people and places in the South West.
Our Board Members have a diverse range of experience which play a key role in supporting SWIG Finance with the growth and transformation of SMEs throughout the South West.
On this page you can find out more about our Board Members. To learn more about SWIG Finance, please click here.
Malachy McReynolds – Chair
Malachy McReynolds is currently Chair of SWIG Finance Ltd, a not-for-distributable-profit provider of SME and micro-business loans throughout the South West.
He was previously Managing Director of Elizabeth Shaw Ltd, the manufacturer of fine chocolates. He is a member of the Chartered Institute of Management Accountants, and held a number of senior financial posts in UK manufacturing companies before joining the confectionery industry in 1989. He was Managing Director of Leaf Ireland until 1993, when he moved to a Vice-President position in Leaf’s HQ in Amsterdam.
In March 2000 he led a management buyout, acquiring Leaf’s UK chocolate interests in Bristol as Elizabeth Shaw Ltd. He retired from Elizabeth Shaw in 2012, and then took on the role of CEO at a mutual organisation delivering home adaptations for older people. He stepped down from his executive roles at the end of 2015.
He is a past President of the BCCCA (Biscuit, Cake, Chocolate and Confectionery Association) in the UK, and also served as President of CAOBISCO, the trade association for the European-wide biscuit and confectionery industry. He is a past chair of the CBI’s South West England Regional Council, and also served as a board member of the West of England LEP.
Christine Allison – Non-Executive Director
Christine joined the board of SWIG Finance in 2017. This adds to a portfolio of positions which include the South West Business Council (Statutory Board member), Auden (Advisory Board member), Centre for the Study of Financial Innovation (Fellow), and various consultancies.
In the recent past Christine was a trustee of Devon Community Foundation, Chair of Devon Social Finance, an advisor to Plymouth University Business School, a member of the Archbishop of Canterbury’s Task Group on responsible finance, and a Specialist Advisor to HMG Treasury Select Committee. Christine has also provided advisory services to three young FinTech companies.
With degrees in economics and business, and prior to settling in Devon in 2010, Dr Christine Allison has 30 years of experience in international development and finance, including a substantial period with the World Bank, headquartered in Washington DC. During this time, Christine spent periods of time in Africa, South Asia and Eastern Europe, and lived in Botswana and Hungary.
Bill Baker – Non-Executive Director
David Bullen – Non-Executive Director
Chris Butters – Non-Executive Director
Chrs is a NonExec, Corporate finance / development director with strong commercial and impact investment credentials across debt/equity on public/private/charity platforms. PwC M&A partner (00-09). Considerable NonExec Director experience including public and private businesses.
Highly entrepreneurial with transformational expertise in UK and emerging markets involving multiple investment and socio-economic impact areas. Experienced across PE/VC/family office and public/private environments, start-ups/accelerators in roles leading M&A and debt deals as well as driving organic growth. Broad sectoral expertise including industrial manufacturing, energy, healthcare, agri, FS and FMCG. Diverse advisory, executive and NED experience. Strong people skills including Board-level governance and stakeholder communications.
Chris contributes with strong technical advice, analytical thinking, strategic insight, an extensive network, practical governance support and intuitive practical skills.
Peter Casey – Non-Executive Director
Peter is a senior manager with a 25 year banking background particularly in the corporate sector and has had a broad exposure to the commercial market place. Managing Director of SWIG for 15years. Peter has been responsible for the successful development and delivery of a portfolio of funds worth over £20 million.
He has been instrumental in forging close links between local, regional and national government agencies.
In 2007 South West Investment Group became the first and only agency in the region outside of the mainstream banking sector to successfully obtain Small Firms Loan Guarantee Scheme (now EFG/CBILs) accreditation.
He is currently Non Executive Director of SWIG Finance.
Jaya Chakrabarti – Non-Executive Director
Jaya is a passionate advocate for engaging business with community through technology to improve people’s lives, and was honoured with an MBE in 2014’s Queen’s honours list ‘For services to the Creative Digital Industries and the community in Bristol’.
Jaya notably chaired the cross-party “A Mayor for Bristol” campaign that achieved the only Yes vote in the country in the May 2012 Democratically Elected Mayor (DEM) Referendum. Following her success Jaya set up social enterprise TISCreport.org (Transparency In Supply Chains Report) in 2016, to tackle slavery in supply chains. In 2018 TISCreport was a finalist for two anti-corruption technology awards and is the world’s largest anti-slavery register.
In 2018 Jaya was named one of the top 100 Corporate Influencers in Modern Slavery and also one of the 2019 top 100 Asian Stars in Tech. She serves on the DCMS Digital Economy Business Advisory Group and Home Office Transparency in Supply Chains Modern Slavery Strategy & Implementation Group. Jaya was also made an Honorary Research Fellow of the UCL Jill Dando Institute of Security and Crime Science in 2019.
Winston Duguid – Non-Executive Director
After an executive career that started as a sales and marketing graduate trainee, and then progressed into general management, Winston spent 20 years on the board of a £250m turnover group with 2,000 employees, latterly as Chief Executive.
Winston experienced nearly everything that you come across in business and decided to retrain in 2013 as a non-exec director, choosing the six month Financial Times non exec diploma. In addition to being deputy chair of SWIG Finance Winston has two other non-exec roles; he is also deputy chair of Bath and North East Somerset Council’s resources scrutiny panel and deputy chair of the West of England Combined Authority Scrutiny committee (WECA), specialising in business, the LEP and Skills.
Occasionally Winston also gets asked to do some consultancy on M&A, Risk Analysis and Change Management. His outside interests include theatre, festivals of food, art and music and most sports, including being a loyal supporter of Somerset Cricket, for whom he still plays the occasional “seniors” game. Winston’s passion is Sustainable Development and looking at the triple bottom line in terms of real impact-a subject more relevant in this decade than ever before as we respond to Climate Change, COVID-19, leaving the single market and customs union, and the fast emerging Green Economy.
John Peters – Non-Executive Director
Rebecca Pritchard – Non-Executive Director
Rebecca is a Non Executive Director of SWIG Finance and a Director of Responsible Finance, the membership and advocacy organisation for CDFIs.
Rebecca was UK Head of Business Banking at Triodos, Europe’s leading sustainable bank, from 2013 to 2020, where she led the team responsible for business banking activities with SMEs, social enterprises and charities, with particular focus on the environmental, food and farming, and social and cultural sectors. As member of the core management team she helped to drive the growth, impact and diversification of the bank, as well as transition to subsidiary status.
Rebecca has a keen interest in improving SME access to finance and promoting the CDFI sector and resilient communities, contributing to steering groups involved with the APPG for Fair Business Banking and Big Society Capital‘s “Scaling up Community Investment in the UK”. Whilst at Triodos she was also responsible for the bank’s investment in selected CDFIs alongside BSC via the Community Investment Enterprise Fund.
Rebecca has more than 30 years’ experience in the financial services sector, spanning relationship banking at Chase Manhattan Bank in New York, project finance lending in London, and project finance advisory at Grant Thornton prior to joining Triodos.