Philip Remnant is Chairman of the Shareholder Executive, which was formed in 2003 to improve the Government’s performance as a shareholder in government-owned businesses. He is a Senior Adviser of Credit Suisse’s investment banking division in Europe and a Non-Executive Director of City of London Investment Trust plc.
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 Commander of the Order of the British Empire (CBE) in 2011.
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]