Monday, 13 February 2012

PSYBT to Merge with The Prince's Trust

The Prince's Scottish Youth Business Trust (PSYBT) is to merge with the Prince's Trust on 1st April 2012.

Here's a message from PSYBT's outgoing Chief Exceutive, Mark Strudwick CBE:

"After two decades of operating as a distinct Scottish charity, The Prince’s Scottish Youth Business Trust is to merge with The Prince’s Trust.

Both charities value the tremendous relationships they have with individuals and many stakeholders across Scotland and we plan to harness the strengths of both organisations to provide cost effective, timely and tailored provision for Scotland’s young people.

I am delighted to say that PSYBT will not lose its unique identity. We will be renamed The Prince’s Trust Youth Business Scotland and will retain full control over our assets and Revolving Loan Fund.

Geoff Leask will become Director (Designate) the Prince’s Trust Youth Business Scotland with effect from Monday 13th February and will lead on the integration process prior to merger taking place with effect from 1st April 2012."
 
Link to Press Release.

Congratulations to Geoff on his new role and we wish the new combined operation every success in the future.