About us

We are the new, government-owned policy bank - launched in June 2021 - providing £22bn of infrastructure finance and partnering with the private sector and local government to finance a green industrial revolution and drive growth across the country.

 

We are wholly owned and backed by HM Treasury, but we will be operationally independent.

Our relationship with HM Treasury is set out in our Framework Document.

 

Board and Sub-Committee Terms of Reference

 

 

Non-executive Directors

Chris Grigg

Chair of the Board and Chair, Nominations Committee

Chris brings extensive business and finance leadership to the Bank. He served as the CEO of British Land for eleven years until November 2020, where amongst other things he oversaw large scale property development projects.

Previously, Chris was Chief Executive of Barclays Commercial Bank and a partner at Goldman Sachs. He has served on the Board of BAE Systems since 2013 – where he is currently the Senior Independent Director – and is on the corporate Board of Cancer Research UK.

Current external appointments:

  • Chair, Evelyn Partners
  • Corporate Board Member, Cancer Research UK

Chris is our National Authorities Non-Executive Director

Charles Donald

Shareholder Representative Director

Charles is a public servant with broad experience across investment banking and the public sector. Charles has been the Chief Executive of UK Government Investments (UKGI) since March 2020, having joined UKGI in May 2018 as Head of the Financial Institutions Group.

Prior to that, he spent his career in investment banking working across a number of business areas within corporate advisory and equity research. Charles also heads the Government Corporate Finance Profession and chairs the OECD’s Working Party on State Ownership and Privatisation Practices, the policy forum to promote improved corporate governance of state-owned enterprises.

Current external appointments:

  • Chief Executive, UK Government Investments Limited
  • Chair, Working Party on State Ownership and Privatisation Practices, OECD
  • Trustee, Help for Heroes

Bridget Rosewell CBE, MA, MPhil, FICE, FACSS, FSPE

Senior Independent Director and Chair, Audit and Risk Committee

Bridget Rosewell is an experienced director, policy maker and economist, with a track record in advising public and private sector clients on key strategic issues.

Bridget chairs the M6 Toll Company and Flood Re Limited. She is a Non-Executive Director for Northumbrian Water Limited and AWE plc. Among other roles, she has chaired Atom Bank and the Driver and Vehicle Standards Agency and has been Senior Independent Director for Network Rail and Chief Economic Adviser to the Greater London Authority.

In December 2018, Bridget was appointed CBE, she is a Fellow of the Institution of Civil Engineers, the Academy of Social Science, and the Society of Professional Economists. She writes on finance, risk, and uncertainty as well as infrastructure and modelling validation.
Bridget has worked extensively on cities, infrastructure, and finance, advising on projects in road and rail and on major property developments and regeneration. She has advised on changes to planning regulation and TfL’s finances and has appeared at planning enquiries.

Current external appointments:

  • Chair, M6 Toll Company
  • Chair, Flood RE Limited
  • Non-Executive Director, Northumbria Water Limited
  • Non-Executive Director, AWE plc
  • Senior Adviser, Volterra Partners LLP

Bridget is our Senior Independent Director and Whistleblowing Non-Executive Director

Tania Songini

Non-Executive Director and Chair, Remuneration Committee

Since 2015 Tania Songini has built a portfolio of Non-Executive Director roles including companies such as the Private Infrastructure Development Group (a development finance fund for infrastructure projects in Africa and Asia), Thrive Renewables, Guernsey Electricity and the Energy Systems Catapult.

Prior to 2015 Tania worked for the leading global engineering and technology services company Siemens for 18 years in their logistics, healthcare and energy businesses, where she held a number of finance director roles, including more recently for Siemens’ energy business in the UK and NW Europe.

Her energy experience is predominantly around renewable power generation and decentralised energy systems. Tania is the Chair of ViaNinos UK, a charity supporting street children in Ecuador.

Current external appointments:

  • Non-Executive Director, Thrive Renewables plc
  • Chair, ViaNinos UK
  • Non-Executive Director, Guernsey Electricity
  • Non-Executive Director, Energy Systems Catapult Limited
  • Non-Executive Director, OCU Group
  • Advisor, GIRA Strategic Finance

Nigel Topping

Non-Executive Director

Nigel Topping brings a unique mix of experience in running manufacturing businesses in UK regions and working on the industrial transformation to the zero-carbon economy.

He spent the first half of his career in automotive component manufacturing, including running businesses in Manchester and Hartlepool, and then as part of the MBO team which took TMD Friction private and turned it into the biggest manufacturer of brake pads in the world.

Since 2006 Nigel has been working on how to use the power of business to accelerate the zero-carbon transition, working at the Carbon Disclosure Project, leading the We Mean Business Coalition, launching the Science Based Targets initiative and being appointed as the UN Climate Change High Level Champion for COP26.

Current external appointments:

  • Member, UK Climate Change Committee
  • Trustee, Count Us In
  • Director, Ice Benchmark Administration Limited
  • External Member, Advisory Committee for AXA IM
  • Founder, Ambition Loop

Nigel is our Climate Non-Executive Director

Marianne Økland

Non-Executive Director

Marianne Økland currently serves as Lead Director on the Board of Scorpio Tankers Inc, as a Non-Executive Director of Norse Atlantic Airways, and as an independent director on the Professional Welsh Rugby Board responsible for the Welsh national teams and professional regional teams.

Previously she held various board positions including chairing a number of board committees at IDFC Limited (Infrastructure Development Finance Company), IDFC Alternatives (India), Islandsbanki (Iceland), the National Bank of Greece, NLB (Slovenia) as well as Hermitage Offshore. Her executive career was spent at JP Morgan and UBS structuring and raising debt capital for some of the most significant mergers and acquisitions in the Nordic area. She also headed the European operations of Marsoft advising banks and large shipping, oil and raw material companies on shipping strategies and investments. 

Marianne is a Norwegian national holding a M.Sc. degree in Finance and Economics from the Norwegian School of Economics and Business Administration where she also worked as a researcher and taught mathematics and statistics.

Current external appointments

  • Non-Executive Director, Norse Atlantic ASA
  • Lead Director, Scorpio Tankers Inc
  • Independent Director, Professional Welsh Rugby Board

Marianne is our Workforce Engagement Non-Executive Director

Muriel Dube

Non-Executive Director

Muriel is a former Investment Banker at Investec Plc and has over two decades executive and non-executive director experience. Before this, she served as a director in the Department of Environmental Affairs and Tourism (South Africa), as chief negotiator for the South African Government in major international climate negotiations and as the Africa representative on the United Nations Expert Group on Technology Transfer.

Alongside serving on the board at UKIB, Muriel also currently serves as a director on the boards of Control Risks and Sasol Group Ltd. She has previously served as a director of Bravo Brands.

Current external appointments:

  • Non-Executive Director, Control Risks
  • Non-Executive Director, Sasol Limited

If you have a project that you would like to discuss with us, please get in touch.