At UK Government Investments (UKGI) we create value for society from government’s most complex commercial interests. What we do is unique, and so are we. Wholly owned by His Majesty’s Treasury (HMT), our team comprises c.150 experts who work together to provide corporate governance and corporate finance expertise to government departments in support of their policy objectives. Working for UKGI provides a unique opportunity for talented individuals from the public and private sector to contribute to work of national importance, with significant social, economic, and political impact.
Reporting to the Chief Executive, we are looking for two Directors to join UKGI and be a member of our Executive Committee. The successful candidate(s) will take responsibility for a range of workstreams across our four areas of expertise:
- Corporate Governance: Act as shareholder representative for, and lead establishment of, UK Government’s most complex and commercial arm’s length bodies on behalf of sponsor Departments. We typically perform this via a dedicated shareholder team and provide a Shareholder Non-Executive Director as a member of the arm’s length body’s board. UKGI works on behalf of 9 departments to improve the performance of 24 publicly owned businesses which together employ over 158,000 people, generate around £30bn of gross income and manage over £1trillion of assets.
- Corporate Finance: Advise on major UK government corporate finance matters, including financial interventions into corporate structures and corporate finance negotiations. We regularly work on high profile transactions such as the sale of Chelsea Football Club and the procurement of vaccines during the Covid pandemic, as well as providing broader advice like supporting the launch of the Energy Markets Financing Scheme.
- Transactions: Advise, manage and execute the sale or purchase of significant corporate assets for the UK government, such as the disposal of the UK Government’s stake in NatWest Group.
- Contingent Liabilities: Improve the UK government’s decision making regarding the structuring, and management of, contingent liabilities in a responsible way that creates value for money. Recent work in this area includes the provision of advice on contingent liability risk for military satellite launches to the Ministry of Defence.
UKGI has a strong commitment to maintaining a culture where its people thrive underpinned by lived values and behaviours. We pride ourselves on being a diverse and inclusive organisation – creating an excellent place to work for all our colleagues. We actively seek to attract, develop and support people with a diversity of experience, skills, perspectives and backgrounds, which helps us deliver excellent outcomes for our client departments and the wider public we serve.
Candidates must be able to demonstrate significant depth of leadership experience in at least two of the following areas: corporate finance, corporate governance, or the Civil Service. You will excel in delivering results, leading and communicating, collaborating both internally and externally and building capability for all, underpinned with the highest levels of integrity and independence.
UKGI has retained Russell Reynolds Associates to advise on this appointment. For further information about the position and additional details on qualifications, requirements, terms and conditions of service and how to apply, please go to www.rraresponses.com.
The closing date for applications is 6th October 2024.
