Diverse backgrounds. Joint purpose.


Kenneth Barclay
SIS Chair
Kenneth was Chair Scotland of RBS from 2012 to 2016. On leaving RBS, he chaired the Government-initiated review of Non-Domestic Rates. Now, as well as being the Chair of Social Investment Scotland, he chairs the Scottish Children’s Lottery and The Lens, a Scottish charity that aims to create and improve entrepreneurship in the third and public sectors. Kenneth has also been a director of IPPR and Chair of its Scottish Advisory Board. He is a Fellow of the Chartered Institute of Bankers in Scotland. During his long career, Kenneth held numerous executive positions in Edinburgh, London, New York and Hong Kong.


Carol-Ann Boyter
SIS Trustee
Carol-Ann is an experienced director with an international career spanning multiple industries. Carol-Ann’s commercially astute senior decision-making, leadership capabilities and focus on the continual development of staff have delivered sustainable improvements in organisation-wide performance during complex transformation programmes.
Carol-Ann has an exceptional track record of achievement with several industry-leading multinationals such as Intercell Biomedical (Valneva) and Aviva, where she successfully defined and implemented new operational models, driving meaningful changes in culture and integrating commercial objectives with talent management and development. Carol-Ann is currently Director of People & Culture at Sight Scotland and Sight Scotland Veterans.


Claire Treacy
SIS Trustee
Claire is the founder of Bealach Advisory, a consultancy firm providing financial advice for growing businesses, covering strategy, capital and corporate structure. Prior to that, Claire held several senior appointments. She was Head of Risk at Valad Group, where she established policies, procedures and processes to manage risk across 13 countries and 20 offices, then Chief Financial Officer for Europe for the Cromwell Property Group. Claire has also spent time on multiple corporate boards, including investment committees, risk committees and debt committees.


David Ovens
SIS Trustee
David has 25 years of investment banking experience, having worked for Samuel Montagu & Company, Noble Grossart, Bank of Scotland Corporate and Noble & Company (Haitong Securities), where he was Head of Investment Banking in Scotland. In 2010, David was a founding partner and subsequently CEO of Invercap, an investment boutique based in Edinburgh. He is Joint Managing Director of Archangel Investors and has invested in several SIS portfolio companies. David is the Chair of SIS Ventures.


Louisa Macdonell
SIS Trustee
Louisa is the Director for Scotland for Business in the Community (BITC), working with companies in the UK and abroad who are committed to improving their impact on society. She is an Entrepreneur-in-Residence at the University of Edinburgh Business School, and she mentors a variety of small businesses, particularly social enterprises and companies run by women. She also sits on the Strategic Board of Interface, which connects businesses to academic expertise.
Louisa was previously the CEO of the Development Trusts Association Scotland (DTAS), the membership organisation for community-led businesses. Before joining DTAS, Louisa was Head of Economic Development at the Scotland Office and worked in energy strategy development at Scottish Enterprise.


Sheila Fazal
SIS Trustee
Following a long career with PWC, Sheila has established a portfolio career which includes a part-time role as CEO and co-founder of Social Enterprise Accountancy Scotland CIC, providing accountancy services to charities and social enterprises. Until 2019, Sheila served on the Board of Turning Point Scotland, laterally as Board Chair. From her time at PWC, Sheila has extensive audit experience across a variety of corporate structures, including funds.
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