UK Government Investments

UK Government Investments (UKGI) is a company owned by the Government of the United Kingdom which combines the former functions of the Shareholder Executive and UK Financial Investments. The company was incorporated in 2015 and is based in London.^[1]

UK Government Investments Limited

Company type	State owned holding company
Predecessors	Shareholder Executive UK Financial Investments
Founded	1 April 2016; 8 years ago (2016-04-01)
Headquarters	London , England
Key people	M. S. Banga (Chairman)
Parent	HM Treasury
Website	www.ukgi.org.uk

UKGI manages a portfolio of 17 businesses, including NatWest Group and Channel Four Television Corporation.^[2][3]

M. S. Banga is the chairman and Charles Donald is the chief executive.

List of companies

As of July 2024, the public sector and state owned enterprises, wholly or partially owned, which the UKGI works with are:^[4]

• Atomic Weapons Establishment
• British Business Bank
• Channel Four Television Corporation
• Eutelsat OneWeb
• HM Land Registry
• National Nuclear Laboratory
• NatWest Group
• Nuclear Decommissioning Authority
• Ordnance Survey
• Post Office Limited
• Reclaim Fund^[5]
• Royal Mint
• Sizewell C nuclear power station
• UK Asset Resolution
• UK Export Finance
• UK Infrastructure Bank
• Urenco Group

Senior leadership

• Chairman: M. S. "Vindi" Banga (since September 2021)^[6]
• Chief executive: Charles Donald (since March 2020)

List of former chairmen

1. Robert Swannell (2016–2021)^[7]

List of former chief executives

1. Mark Russell (2016–2019), who had been deputy chief executive at the Shareholder Executive since 2008 and chief executive of that body from 2013 until its merger into UKGI.^[8]

References

1. "UK Government Investments Limited". Companies House.
2. "Our Partner Bodies". Retrieved 24 January 2019.
3. Wearden, Graeme; Fletcher, Nick; Partington, Richard (4 June 2018). "UK government to sell £2.6bn of RBS shares, Brexit hits UK construction- as it happened". The Guardian.
4. "What we do - Governance". UK Government Investments.
5. "Co-op sets up Reclaim Fund". The Business Desk. 29 March 2011. Retrieved 15 July 2024.
6. "Vindi Banga appointed as new Chair of UK Government Investments". UK Government Investments. 2 August 2021. Retrieved 30 November 2021.
7. "Robert Swannell". GOV.UK. Retrieved 15 July 2024.
8. Johnstone, Richard (25 June 2020). "Shareholder stories: ex-UKGI chief Mark Russell on life as Whitehall's corporate governance guru". Civil Service World. Retrieved 13 July 2024.

External links

• Official website