Carney takes on co-presidency of Heart of the City

Mark Carney, governor of the Bank of England, has been appointed as co-president of Heart of the City, the charity that aims to put Corporate Social Responsibility (CSR) at the heart of business.

Carney will join the Lord Mayor, Fiona Woolf, to share the responsiblity of presidency for Heart of the City, a 700-strong powerhouse of responsible business leaders, CSR practitioners and change agents committed to sharing their experiences and their time with others in order to measurably improve our society.

Heart of the City was launched in 2000 as a joint initiative of the Bank of England, City of London Corporation and Financial Service Authority. 

“The Bank of England, notably through former Governor Lord George, has a long history of involvement with Heart of the City, and I am delighted to continue that tradition of support by serving as Co-President alongside the Lord Mayor," commented Carney.

"Lord George rightly believed that firms must recognise their responsibility for the broader system. Such a sense of the systemic is necessary in order to build and maintain social capital and contribute to inclusive capitalism. Heart of the City plays an important role in this regard, helping firms large and small to develop their corporate social responsibility programmes. I encourage all businesses to become part of its network and take full advantage of its broad range of resources and support.”