Scout Association chief executive Matt Hyde is stepping down after 11 years leading the youth charity to take the same role at Lloyds Bank Foundation for England and Wales.

He joins in September and takes over from Paul Streets who announced in December 2023 his plans to retire after leading the grant maker for a decade.

Prior to joining the Scout Association he spent more than six years as group chief executive of the National Union of Students.

“I want to thank, and pay tribute to, the many volunteers and staff I have worked with at Scouts over the past 11 years,” said Hyde.

“It’s been a huge privilege to play a part in helping hundreds of thousands of young people gain skills for life over that time.

He added: “It’s an immense honour to be joining the Lloyd’s Bank Foundation as chief executive and I’m grateful to their trustees for putting their faith in me.”

Hyde was recruited by the grant maker by its trustees with input from its senior managers, staff and charity partners.

*Some personal news*

It’s an immense honour to be joining Lloyds Bank Foundation as Chief Executive. https://t.co/gaWZqs8Ugo

— Matt Hyde (@matthyde) March 22, 2024

“Matt stood out to the trustees for his passion and dedication to small community organisations that nurture people to achieve their aspirations, and in turn go on to strengthen their communities,” said Lloyds Bank Foundation chair Ann Limb.

“He showed real collaboration in his approach and a commitment to inclusive leadership and taking the Foundation forward progressively with energy, vision and ambition.

“He is the right person to steer us to deliver our current strategy and then to take us into our next, welcoming challenge from Trustees, staff, charity partners and Lloyds Banking Group alike.”

Earlier this year the Scout Association was criticised by a coroner following an inquest into the death of a teenager while on a Scouts trip in North Wales.

Assistant coroner for North Wales David Pojur said he is concerned “there is not a culture of candour” at the charity, which he accused of being “institutionally defensive”.

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