The UKFI Board


Philip Remnant

 

Philip Remnant is the senior independent director of Prudential plc, Chairman of City of London Investment Trust plc, non-executive director of Severn Trent plc and a deputy chairman of The Takeover Panel.

Previously, Philip was a vice chairman of Credit Suisse First Boston in Europe and was director general of The Takeover Panel for two years between 2001 and 2003, and again in 2010. He formerly held senior investment-banking positions with BZW and Kleinwort Benson. He is a qualified chartered accountant and has an MA in Law from New College, Oxford.

He was appointed a CBE in 2011. 


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PRESS RELEASE
4th December 2015

Intention to continue selling shares in Lloyds Banking Group plc through Trading Plan
UKFI today announces that it intends to continue to sell part of Her Majesty’s Treasury’s (“HMT”) shareholding in Lloyds Banking Group plc (the “Company”) over the coming months pursuant to an extension of the pre-arranged trading plan originally announced on 17 December 2014, as extended on 1 June 2015. download [227,8 KB]


PRESS RELEASE
13th November 2015

UKAR announces sale of £13bn portfolio of NRAM assets
UK Financial Investments Limited (UKFI), today confirms that following a competitive sales process, UK Asset Resolution Limited (UKAR), has agreed to sell a £13bn portfolio of NRAM mortgages and unsecured loans to affiliates of Cerberus Capital Management LP. download [108,5 KB]