Non-Executive Director, Treasury appointed


Kirstin Baker



Kirstin was appointed as HM Treasury’s Finance and Commercial Director in January 2013. In this role she oversees the Treasury’s finances and Corporate Services and is a member of the Treasury Board.
 
Kirstin previously worked as a Senior Policy official in the Treasury, heading the team responsible for coordinating public spending and managing many of the Treasury’s interventions in individual banks in the wake of the 2008 crisis. Kirstin’s earlier career was in European Policy and she worked as a Competition Official in the European Commission and in Policy Advisor roles in the Cabinet Office and the Foreign and Commonwealth Office. More recently, Kirstin was seconded to the Scottish Government, leading work on infrastructure investment. 
 
Kirstin is a member of the Chartered Institute of Management Accountants. She was awarded a CBE in 2011 for her work during the financial crisis.
  

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PRESS RELEASE
17th December 2014

Intention to sell shares in Lloyds Banking Group plc through a trading plan.
UKFI today announces that it intends to sell part of Her Majesty’s Treasury’s (“HMT”) shareholding in Lloyds Banking Group plc (the “Company”) over the next six months through a pre-arranged trading plan that will be managed by Morgan Stanley & Co. International plc (“Morgan Stanley”). download [265,5 KB]


PRESS RELEASE
14th October 2014

UKAR sells mortgage portfolio for £2.7bn
UK Financial Investments Limited (“UKFI”) today announces that following a competitive sales process, UK Asset Resolution (“UKAR”) has agreed to sell a portfolio of mortgages for a price of approximately £2.7bn. This sale forms part of UKAR’s activity to reduce the size of the closed mortgage books of B&B and NRAM in a way that delivers value for taxpayers. download [218,7 KB]