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Head of Charities: Kathleen discusses her role at Barclays!

Category: Gender (Equality & Identity)

Head of Charities: Kathleen discusses her role at Barclays!

In 2016 Kathleen Britain moved from her role as Head of Citizenship to become Head of Charities for Barclays Wealth & Investment Management. A role where Britain will be responsible for managing Barclays strategy and proposition for their UK-based charity clients.

The transition between roles has been a “big change” for Britain personally, however she speaks about how she is able to use the skills that she learnt in her previous role and apply these in her charities role:

“I’m taking the skills I learnt in citizenship and applying them to the non-profit side of wealth management, but the new role is focused on clients.”

In spite of the similarities between the roles there is a clear difference when dealing with charities as opposed to private clients: “The first thing you should think about when dealing with a charity’s investment portfolio is ‘what is the objective for the charity?’

you have this investment pot that needs to sustain the charity, in some cases into perpetuity, to achieve their mission for years to come.”

This shows that there is a distinct difference between charities and private clients, however, when it comes to the account needs of a charity Britain explains why there are not entirely different, as charities are still going to be looking for investment strategies that can be found on the private client side.

Britain believes that the holistic approach that Barclays can provide across the three sectors of wealth, corporate and investment gives them a clear advantage when dealing with charity accounts. As this approach helps to address the specific challenges that the charity sector faces.

In recent years’ charities have faced scrutiny from the public regarding where the charity’s money is spent and how this information is delivered to the public. Britain feels that Barclays can add value to its customers by focusing on the transparency that Barclays offers and the benefit that this can have to both the charities and the public, “so that they understand the good things that go on behind the scenes.”

Britain speaks about the importance of having qualified trustees for charities “There’s a real push to have qualified trustees who can spot warning signs, and Barclays is playing a big role in that through our board placement programme where we help train colleagues to be trustees of charities.”

Britain is a trustee of:

National AIDS Trust – is at the forefront of decisions and policies that are introduced to improve the lives of people who are affected by HIV.

Stop the Traffik – works to disrupt and prevent human trafficking with the help of its team of global activists from all sectors of society who give their time to build resilient communities.

The Stephenson Trust – is responsible for the Stephenson Academy, a SEMH (Social, Emotional & Mental Health) Academy, which was the first sponsored special school academy in the country.

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VERCIDA works with over one hundred clients who are committed to creating an inclusive work environment. If you are an employer and interested in working with VERCIDA to promote your diversity and inclusion initiatives and attract the best candidates, please email [email protected] for more information.

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Barclays

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