UKFI is a Companies Act Company (Company no: 6720891), with HM Treasury as its sole shareholder. The company’s activities are governed by its Board, which is accountable to the Chancellor of the Exchequer and – through the Chancellor – to Parliament.
Membership of the UKFI Board comprises a Chair, private sector Non-Executive Directors, Senior Government representatives and Executive Directors. Robin Budenberg is Chairman.
New UKFI management team
UKFI announces a new management structure to take effect following James Leigh-Pemberton’s arrival today. Following these changes, the Executive Committee of UKFI will comprise James Leigh-Pemberton (Executive Chairman designate), Ruth Curtice (Chief of Staff), Christopher Fox (Head of Banking) and Oliver Holbourn (Head of Capital Markets). download [117,5 KB]
UKFI today announces the disposal of approximately 6% of Lloyds Banking Group plc
Further to its announcement on 16 September 2013, UKFI announces the successful completion of the disposal of part of HM Treasury’s shareholding in Lloyds Banking Group plc (the “Company”). The disposal was effected by way of a Placing (the “Placing”) of shares (the “Placing Shares”) by way of an accelerated bookbuilding process to institutional investors.” download [70,5 KB]