LONDON — Former U.K. Film Council topper John Woodward has been appointed managing director at European media venture capital company Arts Alliance.

The move, which sees Woodward move fast from the public to private sector, comes less than a month since he resigned as chief exec at UKFC following its demise since the coalition government announced its abolishment.

In the new role, which Woodward will take up in November, he will identify new investment and business opportunities for the privately owned investment group, which has founded a number of media businesses in recent years, including online European film and TV subscription service Lovefilm, and digital provider Arts Alliance Media.

The group also founded digital provider Arts Alliance Media, which is digitizing exhib Cineworld’s screens in Blighty, and the private, London-based Met Film School.

Woodward will become chairman of both arms of the company.

Woodward spent 10 years as CEO at the UKFC, overseeing funding support for U.K. film productions. In July, the Brit government announced that it would be abolishing the organization as part of government cuts to the public sector.

Although the UKFC is in “wind down” mode until April 2012, he left his post quickly in a bid to avoid tarnishing the transition with what could have been perceived as personal agenda.