Bond makes organisational changes to ensure long-term financial sustainability
Due to rising costs and limited restricted grant funding, Bond has taken steps to ensure long-term financial sustainability while continuing to serve its members and the wider international development and NGO sector effectively.
As part of this, we’ve made a small number of internal staffing changes, not replacing some vacancies and instead combining some roles and filling them internally in order to better align with our strategy and ensure continued support our members.
To make necessary budget savings while safeguarding vital staff roles, we have also decided not to renew the lease on our office space at the NCVO Society Building, which will end in June. We will relocate to a shared, collaborative workspace at Impact Hub Euston.
Romilly Greenhill, CEO of Bond said:
At a time of increased financial pressure across the development and humanitarian sector, yet increasing need for support globally, we’ve made some difficult but necessary changes to ensure we remain a supportive, impactful and resilient organisation. These steps will strengthen our financial position and enable us to continue delivering high-quality support for our members and the wider sector.
ENDS.
Notes for editors
- Bond is the UK network for organisations working in international development. Bond unites and supports a diverse network of over 350 civil society organisations from across the UK, and allies to help eradicate global poverty, inequality and injustice.
- For further information or interviews, please contact Jess Salter, Media Adviser at Bond at [email protected] or call 07392972411.
