People Moves: The UK Infrastructure Bank appoints its first permanent executive team

14/06/2022

Press Release - Following a competitive process, the UK Infrastructure Bank has announced the appointment of five founding members of its Executive team, as permanent recruitment to the Bank now accelerates.

As a result of these hires, the founding Executive Committee of the Bank will be gender balanced, with a mix of public and private sector backgrounds and relevant international experience. The group have collectively worked at similar national organisations such as the Canadian Infrastructure Bank, Green Investment Bank and UK Export Finance, as well as leading financial services firms and central government departments.

Expected to arrive during the summer 2022 and be based at the Bank's Leeds headquarters, the Bank is preparing to welcome:

Head of Banking: Ian Brown
Chief Finance Officer: Annie Ropar
Chief Risk Officer: Peter Knott
Chief People Officer: Patricia Galloway
General Counsel: Davinder Mann

They will join the existing team who are: John Flint (Chief Executive), David Lunn (Chief Operating Officer), Kate McGavin and Helen Williams (Job-share Policy Director), Urvashi Parashar (Chief Impact Officer and Chief Economist) and Stuart Nivison (Head of Portfolio Management). As CFO, Annie Ropar will also sit on the Board.

On the new appointments, John Flint, CEO of the UK Infrastructure Bank said:

"I am delighted to welcome Ian, Annie, Peter, Patricia and Davinder to the Bank. This is an outstanding executive team who will take the Bank to its maturity, and I am proud of the depth of talent that we have attracted."
"We're diverse by design at the UK Infrastructure Bank and this team will set the tone as we grow the whole organisation and deliver on our urgent mission to tackle climate change and boost local and regional economic growth across the country."

The UK Infrastructure Bank was opened in June 2021 in interim form and in less than a year it has closed seven deals across its core priority sectors with the private and public sector. As it begins to scale up and move beyond its interim phase, it will now recruit permanent teams across all of its functions, aiming to attract diverse talent from across the public and private sector to its headquarters in Leeds, West Yorkshire. Its unique business model offers employees the opportunity to have a real influence on the Bank's direction as it delivers on its mission.

The appointment of this permanent executive team comes at an important time for the Bank, as it prepares to launch its first strategy later this month which will set out how it will deliver its mission to help tackle climate change and support regional and local economic growth.