Neil Hart, chief executive of Burnley Football Club, has been announced as the new chair of Burnley Bondholders.
Burnley Bondholders, which now has more than 200 members, was formed to drive forward the town's ambitions of becoming a place where businesses could flourish, and businesses wanted to invest.
The Burnley brand and Burnley Bondholder scheme is led by the Focus Burnley Group, of which Neil Hart is the new chair. He will carry out his duties alongside his role at the football club.
He said: "It’s been a challenging time for our town over the past few months, but I’ve been amazed at how the Burnley Bondholders and other businesses, along with our community groups and residents, have pulled together during this period.
"It’s an honour to become the new chair and I look forward to working with the bondholders, Burnley Borough Council and our other partners to help steer the town into recovery and to attract further investment to Burnley, of which there has been £900m over the past ten years.
"Burnley FC and Burnley FC in the Community have been bondholders for some time and we already understand the benefits of being part of this network and the incredible work it does for our town."
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