Our leadership team is split into two elements:
the Board, including non-executive Directors, the CEO and COO.
John is a banker with a wealth of experience in the industry. He is the former Group Chief Executive of HSBC, a company with which he spent 30 years, having first joined them in 1989 as a graduate trainee.
In that time, he worked across the business, serving in various senior leadership positions as Chief Executive Officer of Retail Banking & Wealth Management, Chief of Staff to the Group Chief Executive of HSBC, Chief Executive of Global Asset Management, Group Treasurer and Deputy Head of Global Markets.
James is a highly experienced financial services leader, with a career spanning more than 25 years covering business, fintech, operations, technology, and strategy across EMEA, Asia, and the Americas.
Most recently he worked with Management Consultancy, Oliver Wyman, as an external senior advisor. Prior to this, James had scale-up experience as CEO & MD of the Diem (Libra) payment network’s operating company, and held a number of senior leadership positions in banking, including Chief Operating Officer of HSBC Bank Plc covering the UK and Europe and, post-ring-fencing, Chief Executive Officer of HSBC Bank plc & Europe, where he was responsible for the UK Wholesale Bank, together with the businesses across Continental Europe, Sub-Saharan Africa and Bermuda
David joins UKIB from HM Treasury where he was the Europe Director, leading on the implementation of EU Exit and HM Treasury’s broader Europe policy.
In that role, he served as the UK’s representative on the European Investment Bank’s Board of Directors. Before this, he worked in UK Financial Investments, when it managed the government's investments in the Royal Bank of Scotland, Lloyds Banking Group and UK Asset Resolution.
Patricia Galloway is an experienced HR professional who after a successful career with DVB Bank SE will join the UK Infrastructure Bank as the Chief People Officer. Patricia joined DVB Bank in 2002 and as a member of the leadership team drove a significant scale up of the UK, Tokyo, and New York operations to create a global presence.
At DVB Bank, Patricia designed the UK HR strategy, embedded a collaborative culture, and designed attractive career development propositions for employees within the organization. She held the Significant Influence Function CF29 position with the FCA and was a Chair of the Governance Committee for London.
Prior to joining DVB Bank, Patricia was the Head of HR for Forrester Research UK, working with the founders of a start-up acquired by Forrester to rapidly scale the company, growing the UK leadership team and the wider company employee services & capabilities. Patricia is Vice President and Board member of the City Women’s Network where she is a strong advocate of the inclusion and belonging agenda to support women in business. She is also a Non-Executive Director at the Association of Foreign Banks where she Chaired the HR committee for over ten years.
Ian is Head of Banking and Investments at UK Infrastructure Bank, responsible for the origination and execution of the bank’s lending and investing activities.
Ian is an experienced banker and investor. Before joining UKIB, he was Head of Private Markets at asset manager LGPS Central, establishing its infrastructure, private credit, private equity and real estate direct and fund of funds platform for its eight UK pension schemes.
Previously, he spent 14 years at Lloyds Banking Group, where latterly he was Head of Industrials & Infrastructure and Head of Large Corporates, Europe. He had joined Lloyds to lead leveraged finance in Europe, becoming Global Head of Leveraged Finance and then Global Head of Loan Financing before moving to head coverage. His career prior to Lloyds was at UBS where he was a Managing Director in the leveraged finance and advisory business.
Annie helped build a very similar government owned entity between 2018 and 2021 in Canada giving her an intimate understanding of what the CFO role at UKIB entails. She joined Canada Infrastructure Bank as employee no.2 which was established to deploy C$35 billion of authorized capital and grew to 80 staff members during her tenure there. She was responsible for establishing finance, risk management, legal and operational processes in enabling investment activities.
Annie has the requisite blend of private and public sector exposure and has accrued an understanding of the dynamic and governance between the department/bureaucracy side of government vs. the political/policy side in the parliamentary system. She has crucial experience managing the entire balance sheet of a bank and scaling business at pace. Crucially, she also has a record in building world-class reporting and control functions.
She had nine successful years with Royal Bank of Canada in their finance, private equity and institutional trading businesses, and 5 years with Aequitas NEO Exchange Inc, a start-up trading platform launched in 2015 to compete with the effective market monopoly held by Toronto Stock Exchange (TSX). She is a Deloitte-trained accountant and has sat on a number of boards (public and private), alongside being an active ambassador for diversity.
Peter is highly experienced in impact investing and is currently Managing Director and Head of Portfolio Management at the Green Investment Group, part of Macquarie, and is based in Edinburgh.
He was previously Chief Risk Officer and then Chief Financial Officer of the UK Green Investment Bank, which he joined at its launch in 2012, and scaled to a global business with 500 employees now under Macquarie’s ownership. Peter has been involved in the acquisition and execution of over 150 infrastructure projects over the past decade across equity and debt.
He was previously Group Head of Operational Risk at Standard Chartered Bank and has broader investment experience through positions with JP Morgan Chase and Robert Fleming. He is a Non-Executive Director and Audit Committee Chair at the Scottish National Investment Bank.
Davinder Mann is a city-trained project finance lawyer who moved in-house into a technical advisory role at UK Export Finance. She went on to become the first General Counsel appointed in-house and modernized the provision of the legal service. She then progressed to Director of Legal & Compliance, creating a financial crime compliance function from the ground up.
In recognition of her grasp on strategic priorities, she was asked to set up a new central directorate for UK Export Finance as Director of Strategy, Policy & Climate Change. She is an experienced General Counsel who has provided and overseen complex advice on transactions, compliance, and public law matters.
She has strong relationships across Whitehall and with external industry and institutional stakeholders such as the big banks, UK Finance and the British Exporters Association. She also has over a year of experience as a trainee NED on the board of Ordnance Survey.
Urvashi is Chief Impact Officer and Chief Economist at UK Infrastructure Bank, heading up the Impact Function and a member of the Executive Committee, leading on assessing and evaluating the economic and social impacts and additionality of the Bank's investments. She is an experienced economist and joined the Bank in June 2022 from the Levelling Up Taskforce at DLUHC where she was the senior civil servant responsible for leading on the evidence for the Levelling Up White Paper, including its cross-government missions and metrics.
Prior to that, she was at BEIS leading a large multi-disciplinary team of analysts on the economics of industrial policy and strategy, sector investment and R&D support including automotive and aerospace, and sector impacts of trade and investment and Net Zero transition. She also led on the department’s intelligence on the impact of the C-19 pandemic on affected sectors, informing Treasury response. She has provided complex vfm advice to ministers on several high-profile cases, for example British Steel, and Nissan’s investments in the UK.
Outside of the civil service, Urvashi also spent nearly 9 years in SQW where she led on impact assessments and evaluations of several economic development programmes ranging from employment and skills, environmental regulation and trade and investment.
She has a wealth of experience in applying analytical frameworks to policy decisions, with a particular focus on delivering value for money for the taxpayer and working in close collaboration with national and local government as well as business and external experts to design and deliver evaluations.