Board of Directors
London Community Credit Union is governed by a board of directors made up of members, elected by the membership at the annual general meeting.
Directors are unpaid and each is elected for a three-year term. At any time, there are between 10-15 directors. Any member can stand for election and we are always on the lookout for volunteers.
The board meets monthly, and most directors serve on other committees such as Finance, Audit or Loans.
From its number, the board elects a chairperson, vice-chair, treasurer and secretary. These members are the executive officers and they serve for a period of a year. At present they are:
LCCU Executive Committee
- Chair – David Morgan
- Secretary – vacant
- Anti-Money Laundering Officer – Gary McKeown
The Executive Committee meets monthly to support the board in its work.
Baraka is currently training to become a chartered accountant. He believes credit unions can be a fitting tool to address some of society’s thorniest challenges. Baraka presently leads the investment committee of the Sarah Bonnell Foundation where he is chair of the board.
David is employed in the corporate treasury of a large multinational company where he works to improve the quality of financial controls and financial reporting. A member of the board since 2013, he served as the treasurer since 2014 before becoming the chairperson in May 2019.
Frédéric joined the board in February 2021. He has 13 years’ experience working in business development, credit risk and management and Investment Strategies in the City of London. He is a trustee of Money4You ( #Worldchangers), a charity bringing financial literacy to underserved communities. He believes financial education and access to fair financing conditions are a key to achieve economic empowerment.
Garry has lived and worked in East London for over 30 years. He is a qualified public sector accountant and although now largely retired he continues to audit several small voluntary bodies. Garry also has professional experience in ongoing property renovation and management.
Since 2019 he has been the Chair of the Audit Committee.
Gary has experience as a criminal investigator employed by Her Majesty’s Revenue & Customs (HMRC) and in working as a Counter Fraud Investigator with the Government Internal Audit Agency (GIAA). He joins the board as a new member following our AGM in February 2021.
Sunita Bhambri, is a UK qualified Barrister and Solicitor who brings 28 years of legal and regulatory compliance experience to the organisation. She has a wide variety of experience in legal, regulatory compliance, financial crime and risk management.
She has worked in both the UK and India with various international law firms in the field of corporate /commercial law, litigation and mergers and acquisitions.
Sunita is currently employed as the global Head of Compliance for a financial services wealth management firm headquartered in the UK.
Peter is a qualified chartered surveyor who is employed as an associate director at Strettons in east London. He has considerable experience in dealing with commercial and residential property throughout London and serves on the board and its property sub-committee.
Koreen has had an extensive career in human resources, industrial relations, organisational design, development, and regulatory compliance. She offers knowledge and experience in employee risk and governance to support LCCU as it changes and grows. Koreen joined the board in 2019.
Sarah works for a European asset manager as Head of Platform Strategy and Development in the ETF business. Previously she has held roles as UK COO, and across strategy and business management. She was co-opted on to the board of directors in 2018 and elected for the first time at the 2019 AGM. She is currently Chair of the Loans Committee.