Sir Ronald Cohen was Founder Chair of Big Society Capital, hailed as the world's first social investment bank. BSC formally launched in April 2012, using an estimated £400million in unclaimed assets left dormant in bank accounts for over 15 years and £200million from the UK’s largest high street banks.
Sir Ronald played an integral part alongside Nick O'Donohoe, the CEO, in the founding of BSC by chairing The Commission on Unclaimed Assets, which published a report setting out proposals to create a social investment bank.
Big Society Capital seeks to support the growth of a market for social investment in the UK by revolutionising the way in which the social sector is funded. Through supporting the growth of social investment finance providers, BSC will improve access to innovative forms of financing, and connect the sector to capital markets.
You can find more information on Big Society Capital by clicking here