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), Graphite Enterprise Trust plc (appointed 2011) and CRH plc (appointed March 2015). Since 2012 she has been a non-executive member of the Partnership Board of King & Wood Mallesons LLP (formerly SJ Berwin LLP). 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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17th May 2016

Dividend payment received today
UKFI announces that HMT will today receive c.£130m in dividend payments, in respect of its shareholding in Lloyds Banking Group Plc. This takes total proceeds received from the Government’s investment in LBG to £16.888bn. download [235,9 KB]

12th May 2016

Statement re: Lloyds Banking Group Annual General Meeting
UKFI has lodged votes in favour of all resolutions at the bank’s Annual General Meeting on 12 May. download [46,3 KB]