Oxford-based microfinance group, Opportunity International UK, part of the Opportunity International global network, has appointed Edward Fox as its new Chief Executive to take over the helm on 1st January 2007. Edward joins Opportunity from Oxfam, where he was Deputy Director.
Edward will bring his extensive marketing experience to Opportunity, enabling it to expand its work, particularly in Africa . The Opportunity International organisation believes that the poor are helped best by being given a hand up, rather than a hand out. It offers small loans with low interest to those who would otherwise have no access to banks. Opportunity International partners also offer other microfinance services such as savings and insurance, training and advice. The network currently helps 800,000 poor entrepreneurs, the vast majority of whom are women, in 27 developing countries.
During his three years at Oxfam Edward was responsible for doubling its fundraising income. He also presided over the launch of 'Oxfam Unwrapped' which was both highly acclaimed and highly successful. Public appeals, new corporate fundraising for emergencies and the “I'm In” campaign were also amongst the ground-breaking work done under his leadership at the charity.
Prior to joining Oxfam, Edward spent four years at World Vision as their Marketing Director. Before World Vision Edward gained his strong grounding in marketing at Anglian Water, United Biscuits, RHM Foods and Associated British Foods.
Commenting on Edward’s appointment, John Ford, Chairman of Opportunity, said:
“Microfinance is an idea whose time has come. Not enough people in the UK understand the power of microfinance to have a lasting impact in the fight against global poverty. Edward, with his drive, his passion and his wealth of experience is ideally placed to change this. We are absolutely delighted that he has decided to join us as Chief Executive.”