The former Wolverhampton (NE) MP has held a number of shadow ministerial posts in recent years, including government and local communities secretary and minister for Europe, and she served on both the Commons Brexit and Health select committees. Reynolds lost her seat in December.

“She has great passion and enthusiasm for the role, a clear understanding of our policy agenda and the long-term competitiveness challenges and opportunities for the industry, alongside innovative thinking around key issues and activity,” Celic said. Her past experience in public affairs will be critical as the group continues to navigate the COVID-19 crisis and implement new policy strategy, it said.

TheCityUK was set up by industry figures in 2010 following two separate reports. The first was from the Treasury, co-chaired by the former Chancellor Alistair Darling and former Citigroup chairman Sir Winfried Bischoff; the second was commissioned by Boris Johnson as London Mayor and chaired by former Merrill Lynch EMEA chairman Bob Wigley. The reports called for an independent body to represent the financial services sector and build on London’s reputation as a global financial hub. That remains its remit today.

James Hambro & Partners`
has added portfolio manager Patrick Trueman to its charities team.

Trueman, who was former head of charities at Aberdeen Standard Capital and a fund manager at Newton Investment Management, will work with JH&P’s charity head, Nicola Barber. He brings specialist sector expertise to the JH&P team. He has served as a trustee of a national charity and sat on the investment committee of the country’s first dedicated children's charity.