Sarah McCarthy-Fry

Member Nominated Director

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Elected as a Member Nominated Director on 18 May 2019. Last re-elected in May 2025.

Committee membership

  • Risk and Audit Committee
  • Remuneration Committee
  • Nominations Committee

Skills and experience

Sarah is Chair of the Mutual and Co-operative Sector Business Council. As a committed co-operator for over 25 years, she has previously served as a local Councillor and as a Labour and Co-operative MP, representing Portsmouth North. As a Government Minister in HM Treasury, Sarah was responsible for personal savings policy and financial inclusion, including Credit Unions. As Schools Minister, she led the development of apprenticeships policy and partnerships with Business and Schools.

Sarah is also a former Finance Director at GKN Aerospace, a global engineering company and a former Chair of the Employment and Skills Board for the Solent Local Enterprise Partnership. She is a Trustee and Treasurer of the Parliamentary Outreach Trust.