The UKFI Board
Peter Gibbs has a wealth of financial services experience in the Asset Management sector. Having begun his career at Brown Shipley, he joined Bankers Trust in 1985 as a Senior Portfolio Manager. In 1989 he joined Mercury Asset Management (MAM) where he rose to become Head of the International Equities Division. Following the acquisition of MAM by Merrill Lynch he was appointed Co-Head of Equity Assets worldwide. In 2003 he became Chief Investment Officer for Merrill Lynch’s Investment Management activities outside the US.
Peter retired from Merrill Lynch at the end of 2005. He currently serves as Non-Executive Chairman of Turquoise the multi-lateral equity trading platform, Non-Executive Director of Evolution Group plc the financial services group, Non-Executive Director of Impax Group plc the environmental asset manager and as a Director of Merrill Lynch (UK) Pension Plan Trustees Ltd. Between June 2006 and August 2007 he was a Non-Executive Director of Bridgewell Group plc.
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28th October 2013
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).
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17th September 2013
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.”
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