01 June 2017

New scholarship announced by Central Finance Board

New scholarship announced by Central Finance Board

The Central Finance Board of the Methodist Church ("the CFB") has announced a new academic scholarship in honour of Bill Seddon. 

Bill stepped down as the CFB's Chief Executive Officer last December, before retiring in February 2017, having worked for the organisation for over thirty two years.

The scholarship will be available to any person under 23 within Methodism (this includes all young people attending a Methodist school) who is, or will be, studying for their first economics, finance or business related degree.  The scholarship will pay £2,000 per annum for up to 3 years.

Applicants must complete an essay discussing the subject:  "Investment outcomes balanced against ethical consequences - where should the line be drawn when investing the assets of the Methodist Church?"   The successful applicant will be announced on 31 August 2017.   Full details of entry requirements and conditions can be found here.

Announcing the scholarship, David Palmer, Chief Executive Officer, Central Finance Board said:

"We are delighted to create this scholarship in Bill's honour.  He has worked tirelessly to promote a Christian approach to investment within the UK and overseas, bringing together faith groups and corporate management to address critical ethical investment issues".

Bill Seddon, commented: "I am humbled to have a scholarship established in my name.    We are all familiar with the biblical reference "as you sow, so shall you reap".  This is a wonderful opportunity to sow the next generation of Christian thinkers and leaders in the world of ethical investment and I pray that a rich harvest will result."

Notes to Editors 
The Central Finance Board of the Methodist Church, which manages c.£1.4bn, was established by an Act of Parliament in 1960 and set up its own fund management department in 1972.
It aims to provide strong investment returns through managing investments in an ethical way, consistent with the teachings of the Methodist Church. Further details can be found here. 

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