Our Board Directors

Ethex is a not-for-profit organisation which has spent years creating a vibrant marketplace for positive investment. We are managed by a dedicated board of directors who are passionate about what we do. Learn more about our Board of Directors here.

Lisa Ashford

Director and CEO

Lisa is a leader in the impact investment space and has over 20 years of experience in energy and environmental markets. Lisa is highly motivated, a strategic thinker and has a strong commercial and business development background. 
Lisa is Director and CEO at Ethex and Founder/Director of Energise Africa, our sister platform raising investment for solar businesses expanding their PAYGO schemes in Sub Saharan Africa. Combined they have raised £100 million from retail investors to do good. 
In 2019 accompanied the PM on a trade mission to Africa representing best in class UK businesses in Fintech and renewables. Lisa is also active in the working groups initiated by the government to build a culture of social impact investing in the UK.  
Before Ethex, Lisa worked as a freelance consultant for a number of start-ups and international sustainable businesses. Lisa was recently awarded the PWC scholarship as an outstanding female candidate to study for an executive-level Diploma in Financial Strategy at the Said Business School, Oxford University. Lisa also holds an MSc in Environmental Technology from Imperial College. 
Lisa is a regular media commentator and writer on ethical investment, featuring on Ian King Sky News, BBC World, CityAm amongst others. 
View Lisa's LinkedIn Profile here

Caroline Bault

Non-executive Director

Caroline Bault is Managing Partner at CounselRock Partners, a specialist hedge fund research and alternative investment consultancy. Between 2013 and 2011, Caroline was Managing Director for Global Business Development at the Chartered Alternative Investment Analyst (CAIA) Association. Prior to joining the CAIA Association, she was a consultant to fund of hedge funds and family offices advising on manager selection, due diligence, and strategic and governance issues. Caroline has 30 years’ experience in financial services and capital markets ranging from equity research to investment banking and hedge fund allocation. She has worked in London, Paris, Frankfurt, and New York and her prior assignments include Director European Research at Commerzbank in London and Frankfurt and Executive Director at Goldman Sachs International. She received an MBA from the University of San Diego, California, in 1987 and a BSBA from the University of Hartford, Connecticut, in 1986. She is a Chartered Alternative Investment Analyst (CAIA) and a member of the CFA Institute. She served as Chair of the Education Committee of 100 Women in Hedge Funds in London between 2009 and 2011 and currently co-chairs 100WHFs’ Women on Boards Initiative in Europe. She is currently a Non-Executive Director of Aspirations Academies Trust and crowd funder and social impact investment platform Ethex as well as and a trustee of the Royal Brompton & Harefield Hospitals Charity and Further Education Trust for Leadership (FETL). 

Hugh Davies

Non-executive Director

Hugh joined the Board of Ethex in 2015, bringing his experience of working in consumer marketing and the IT/mobile internet sectors. Before joining the Ethex Board, Hugh was Director of Corporate Affairs for Three, the mobile company from 2006. Before that, he was Head of PR at Microsoft in the UK. He also has experience working in PR and advertising for some of the largest agencies in the world, including Leo Burnett, Cohn & Wolfe and Hill & Knowlton, where he worked for 3 Group parent company Hutchison Whampoa in Hong Kong. Hugh left Three in Autumn 2015 and set up his own communications consultancy, Warmer Communications. 
After studying Geography at Durham University Hugh trained as a journalist and worked business publications in the UK and Hong Kong. He also has qualifications in Marketing Management from the Kellogg School, Northwestern University in Chicago and a Non-Executive Diploma awarded by the Financial Times executive programme. 

Stephen Lovell

Non-executive Director

Stephen Lovell is the Chief Product and Technology Officer for Pageant Media, a market-leading a global business information business serving the asset management industry, from hedge funds and mutual funds to private equity, real estate and credit/debt. He has worked in Product management for the past 20 years the last 10 of which at C-Suite level across industries including Gaming, Insuretec, Fintec and CPG.   Throughout his career, he has been responsible for helping organisations transform into more digital first companies. 

Stephen’s experience in digital technology has brought successful products to markets, built robust and secure technology solutions to support them and is an expert in building global teams across marketing, product and engineering. 

Edward Milford

Non-executive Director

Edward has been a member of the Ethex board since 2016. He has over 35 years’ experience in independent publishing, much of it working with the international, environmental academic, professional and policy communities. He owned and ran the company Earthscan prior to its sale to Routledge in 2011. He is currently Development Director for the Independent Publishers Guild, a trade body of 600 SMEs in the publishing sector, as well as a non-executive director for several small publishers, and mentor to a number of others. 
He has a long-standing interest in renewable energy of all sorts, the small and independent business sector more generally, as well as alternative business models. He has also supported a wide range of community energy projects over a number of years. He is also Treasurer at the long-established Bleddfa Centre for Arts and the Creative Spirit not far from his home in rural Herefordshire. 

Debbie Pippard

Non-executive Director

Debbie is Head of Programmes at the Barrow Cadbury Trust, where she oversees its work on migration, criminal justice and financial exclusion as well as leading a number of strategic projects. 
Immediately prior to joining the Trust Debbie was Head of London Region at the Big Lottery Fund and her prior work experience included 10 years of front-line and management roles in the NHS. 
Debbie is Chair of The Foundry, the award-winning human rights and social justice centre in Vauxhall and is a Trustee of Global Dialogue, an international human rights charity. She has a long-standing interest in gender equality, chairing the Corston Independent Funders’ Collaborative on women in the criminal justice system, and playing a lead role in the establishment of AGENDA – the Alliance for Women and Girls. 

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Our Team Members

Meet the Ethex team! We're proud of our dedicated and talented team who work hard to bring you impactful investment opportunities as well as brilliant customer service. Here are short bios of the people behind Ethex. 

Lisa Ashford


With over 20 years of experience in energy and environmental markets, Lisa is a leading voice in the positive investing and social enterprise sectors in the UK. A regular media commentator and writer on her passion for ethical investment, Lisa has led the team at Ethex and our sister platform, Energise Africa to jointly raise over £100 million from investors to support projects that are making a positive difference.  

“Making money do good and helping to create real impact for communities is a passion. Scaling and developing Ethex and Energise Africa to deliver even greater positive impact is a job I relish on a daily basis!”  

View Lisa's LinkedIn profile here

Sarah Flood

Chief Operating Officer

For close to fifteen years Sarah has been delivering policy and practice to help the social economy and civil society sector thrive. She has worked with social investors, co-operatives, social enterprises and voluntary and community organisations, all with a focus on how finance can create social good. 

She is an investor in and Chair of Cultivate Oxford, a not-for-profit social enterprise bringing fresh, local, organically-grown food direct from farmers to the city.  

Philip Read

Head of Online

Philip is a seasoned Director of Online with an award-winning background in digital media. He has been responsible for overseeing the operation and development of the Ethex web platform since 2012.  

“Originally coming from a commercial background, I hugely enjoy working with an organisation with a true social and environmental purpose.“ 

Rachel Mountain

Head of Marketing and Communications

Rachel joined Ethex and Energise Africa in 2017 and is responsible for the marketing and communications activities of both platforms and has more than 20 years of marketing and communications experience, particularly focused in the areas of green and sustainable finance.   

"It's fantastic to work for an ethical investment platform that uses finance, technology and innovation to really mobilise people powered finance, disrupting the status quo and delivering financial products that investors and sustainable businesses really need to be able to protect people and the planet. I love what I do and really feel connected to Ethex and Energise Africa’s mission of promoting grassroots, community-oriented sustainable solutions that deliver for everyone and not just the few!" 

View Rachel's LinkedIn profile here

Josh Brewer

Senior Business Development Manager

With over 20 years of experience working in the fields of banking, responsible investment research and international development, Josh has been responsible for Business Development at Ethex since 2017. 
“I love being able to meet a huge range of sustainable businesses and help them  to raise the money they need to deliver their impact.” 

View Josh's LinkedIn profile here

Michael Flint

Senior Operations Manager

Michael has been working in the Financial Services industry since 2007. At Ethex he manages the Operations Team and he makes sure investors have a positive experience when investing via our website. He’s also responsible for looking after our systems and processes, and ensuring the money raised makes it to where it needs to go to do good 

“I enjoy being part of a small but committed team who are all looking to help investors have an impact with their money. The smaller raises, with a hyper-local focus are often the most rewarding to see reach their funding target.” 

Sam Parkinson

Investor Support Officer

Sam is Ethex’s Investor Support Officer to Ethex’s growing number of users as well as assisting in the management of our Registry services. Nicknamed “the Smooth Operator/Customer Champion”, Sam was also recently promoted to Co-op Manager for Westmill Solar Co-operative, the UK’s first community-owned solar farm. 

“I joined Ethex back in 2017 after having completed my degree as I was keen to be part of an organisation that was looking to help communities and increase the production of renewable energy in the UK.” 

Rob Fielding

Digital Growth Manager

Rob works in the Marketing team. He monitors statistics for the Ethex website to ensure that existing users find it simple and easy to use. He also produces digital campaigns to make the public aware of Ethex’s positive investment platform and to encourage them to invest in it.   

“Ethex helps fund some extraordinary organisations. It’s great that my work makes more people aware of some remarkable projects which benefit communities and the environment.” 

Julie Dunn

Marketing Content Creator

Julie has more than 15 years of marketing experience and forms part of the Ethex marketing team responsible for creating compelling content to help more people learn about the fantastic organisations that raise finance through Ethex.  

“It’s brilliant to have the opportunity to tell the stories of the inspiring projects that people can invest in through Ethex, it’s great to know you’re helping people make the decision to use their money to support organisations that are part of the solution.” 

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Investments offered on the Ethex platform are not readily realisable, which means that they may be difficult to sell and you may get back less than you originally invested. Investments are not covered by the Financial Services Compensation Scheme (FSCS) and returns are not guaranteed. If you are in any doubt, you should contact an Independent Financial Adviser.

Investments offered on the Ethex platform are not readily realisable, which means that they may be difficult to sell and you may get back less than you originally invested. Investments are not covered by the Financial Services Compensation Scheme (FSCS) and returns are not guaranteed. If you are in any doubt, you should contact an Independent Financial Adviser.