Rcb 3.5% 31 Regulatory News (CAF2)

Neil Heslop to step down as Chief Executive of the Charities Aid Foundation

Charities Aid Foundation (trading as "CAF") has announced that Neil Heslop OBE will step down as Chief Executive of CAF later this year.

Neil became Chief Executive of CAF in October 2020, and since then CAF has grown its annual distributions to support the charity sector from more than £700m in 2019/20 to £1.2bn in 2024/25. 

Neil has made the decision to retire from full-time executive roles, after a career involving leadership positions across the business and charity sectors. Led by CAF's Chair, Sir Edward Braham, CAF Trustees are beginning the recruitment process for a new Chief Executive.

Neil Heslop, Chief Executive of the Charities Aid Foundation said:

"For the last six years it has been the privilege of my career to work with dedicated colleagues to support the charities and donors that CAF exists to serve. The organisation is well placed to further grow its contribution to people, communities and causes and support more donors to realise greater impact with their giving. I am profoundly grateful to those I have been fortunate to work with for their commitment, collaboration and the warmth shown to me."

Sir Edward Braham, Chair of Trustees, the Charities Aid Foundation, said:

"On behalf of the Trustees and the Charities Aid Foundation, I would like to thank Neil for his leadership of CAF and his commitment to the sector. He has led CAF through a period of significant growth over the last six years, in an often-challenging external environment. We wish him the very best for the future."