The UKFI Board


Lucinda Riches 



Lucinda Riches is a Non-Executive Director of the Diverse Income Trust plc (appointed 2011), the British Standards Institution (appointed Adviser in 2011 and Non-Executive 2012) and Graphite Enterprise Trust Plc (appointed 2011). She is a Non-Executive member of the Partnership Board of King & Wood Mallesons LLP (formerly SJ Berwin LLP, since 2012). Lucinda is also a Trustee of Sue Ryder (since 2008). 

Lucinda was formerly an Investment Banker and has extensive experience in capital markets and privatisations. She began her career at Chase Manhattan Bank. Lucinda worked at UBS and its predecessor firms for 21 years until 2007. At UBS, she was a Managing Director, Global Head of Equity Capital Markets and a member of the Board of the Investment Bank.

Lucinda has an MA in Philosophy, Politics and Economics from Brasenose College, Oxford and an MA in Political Science from the University of Pennsylvania.


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PRESS RELEASE
26th March 2014

UKFI today announces the disposal of approximately 7.78% of Lloyds Banking Group plc
Further to its announcement on 25 March 2014, 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 [129,6 KB]


PRESS RELEASE
25th March 2014

UKFI announces its intention to dispose of approximately 7.5% of Lloyds Banking Group plc
UKFI announces its intention to sell a further part of HM Treasury’s shareholding in Lloyds Banking Group plc (the “Company”). The disposal of these shares (the “Placing Shares”) will be by way of a placing to institutional investors (the “Placing”). download [26,2 KB]