Our Board

Charles Donald, CEO

Charles was appointed Chief Executive in March 2020, having joined UK Government Investments in May 2018 as Head of the Financial Institutions Group.

Prior to that, he spent over 30 years in investment banking, working in both corporate advisory and equity research. He joined UKGI from Credit Suisse where he was Vice Chairman of UK Advisory & Corporate Broking having previously been Co-Head of UK Investment Banking.

Jane Guyett

Senior independent director

Jane Guyett is the senior independent director of UK Government Investments Limited. She is the Chair of Connect Plus (M25) Plc, and is a non-executive director on the Boards of LCH SA., and Dalcor Pharma UK.

Jane spent 15 years with Bank of America Merrill Lynch where she held various roles in London and New York. She was Chief Operating Officer (EMEA and Asia) of the Global Markets Group and sat on the Board of Bank of America Securities, London. She began her career in Corporate Restructuring at Mitsubishi Bank Ltd London, before joining Bank of America in 1994. Jane has a degree in Economics and is an active supporter of The Globe Theatre.

Lord Jitesh Gadhia

Non-executive director

Lord Jitesh Gadhia has over 25 years’ investment banking experience, having held senior positions at Blackstone, Barclays Capital, ABN AMRO and Baring Brothers. He has advised on a wide range of high profile M&A and capital raising transactions across developed and emerging markets.

Jitesh is also a board member of BGL Holdings, which owns comparethemarket.com, the UK’s largest digital price comparison website for financial and household services. He is also a director of Accord Healthcare, a leading supplier of generic pharmaceuticals in the UK and internationally, and Calisen plc, which owns and manages critical energy infrastructure including smart meters.

Jitesh graduated from Cambridge University with a degree in economics and attended the London Business School as a Sloan Fellow. He has served as a Trustee of Guy’s and St Thomas’ Charity and of Nesta. Jitesh has been a member of House of Lords since September 2016.

Robin Lawther

Non-executive director

Robin Lawther is currently a Non-Executive Director of Nordea Bank (Chair of the Remuneration Committee), M&G plc (Chair of the Remuneration Committee), Ashurst LLP (Chair of the Audit Committee), and Oras Invest.

Ms. Lawther is an international banker with extensive experience of global markets and financial institutions. She worked at J.P.Morgan in London and New York for over 20 years in a number of senior positions in investment banking. Her roles included Head of the European Financial Institution Mergers and Acquisitions Team and Senior Country Officer and Head of Investment Banking for the Nordic Region. She specialised in mergers and acquisitions and capital raising.

Ms. Lawther holds a B.A. Honours in Economics from the University of North Carolina at Chapel Hill and an M.Sc. in Accountancy and Finance from the London School of Economics. She is a supporter of several London theatres and is actively involved in women’s mentoring programs in the UK, US, and Scandinavia.

Clare Hollingsworth

Non-executive director

Clare currently chairs Go-Ahead Group plc, a listed transport business. Previously she chaired Eurostar International Ltd and was its Chairman when the Government sold its 40% shareholding in 2015.  She is a non-executive director of Mölnlycke AB, a Swedish medical device company, and is senior independent director at the LTA,  the national governing body of tennis. Prior to holding these positions, Clare was a non-executive director of Virgin Healthcare, Savills plc and Spire Healthcare Ltd, as well as the Managing Director of BUPA Hospitals and before that Caledonian Airways. She started her career with British Airways as a management trainee.

Andrew Duff

Non-executive director

Andrew spent his executive career in the energy industry and brings a wealth of leadership experience in competitive markets, regulated business environments and strategic management. He has recently retired as Chairman of Severn Trent plc, which in January 2019 was commended by Ofwat across a range of operational areas and acknowledged by the Purposeful Company Taskforce as one of only seven UK “Pathfinder” companies. Andrew is also Chairman of Elementis, a FTSE 250 chemicals company, and was a non-executive director and Senior Independent Director of Ferguson Plc from 2004-2013. He was previously the Chief Executive Officer of RWE Npower and a member of the RWE Executive Committee. Andrew is the Senior Trustee of Macmillan Cancer Support. He is also a member of the CBI President’s Committee and a Fellow of the Energy Institute.

Caroline Thomson

Non-executive director

Caroline Thomson is the chair of Digital UK, the body which is responsible for digital terrestrial television. Until October 2020 she was also chair of Oxfam.

Alongside these chairmanships, she is a non-executive director of VITEC plc (and chair of the remuneration committee). Caroline is a trustee of Tullie House Gallery in Cumbria and trustee of The Conversation.

In the arts world, Caroline stepped down from her role as deputy chair of the National Gallery in August 2016 and retired as Executive Director of English National Ballet in March 2016. She remains a trustee of the ENB.

Originally a journalist, until 2012 Caroline was Chief Operating Officer at the BBC — having served twelve years as a member of the Executive Board. As Chief Operating Officer, she was the Deputy Director General and was responsible for all the non-programme parts of the BBC except finance.

She has an honorary degree from the University of York and is an honorary fellow of the University of Cumbria.

She is also a deputy lieutenant in the county of Cumbria.

Charles Roxburgh

Non-executive director

Charles Roxburgh is the Second Permanent Secretary at Her Majesty’s Treasury. He took up this position in July 2016. In this role, he is responsible, at the Treasury, for all issues relating to growth, productivity, infrastructure, financial services and financial stability. He is also a member of the Executive Management Board at the Treasury. Charles represents HM Treasury on the Bank of England’s Financial Policy Committee, and on the board of UK Government Investments Limited.

Prior to joining HM Treasury in 2013, Charles spent 26 years at McKinsey & Company. In his consulting work, he focused primarily on serving clients in the financial services sector. He was based in London for most of his career, but also spent seven years working in McKinsey’s New York Financial Institutions practice. His client work spanned retail banking, corporate and investment banking, insurance and asset management.

He held a number of leadership positions at McKinsey, including: co-head of the Global Strategy Practice; head of the UK Financial Institutions Group; and leader of the Global Corporate and Investment Banking Practice. In 2009, he became the London-based Director of the McKinsey Global Institute (MGI). At MGI, he led research into global capital markets, the impact of deleveraging on economic growth as well as a number of research projects into growth at the country and regional level. In 2011, he was elected to the global board of McKinsey & Company.

He was educated at Cambridge University, where he read Classics. He holds an MBA from the Harvard Business School.

Sarah Munby

Non-executive director

Sarah Munby became Permanent Secretary for the Department for Business, Energy and Industrial Strategy (BEIS) on 20 July 2020.

Sarah joined BEIS in July 2019 as Director General, Business Sectors. Before that, Sarah worked at Mckinsey, where she led their Strategy and Corporate Finance practice in the UK and Ireland. She has worked with some of the UK’s largest companies to change their strategic direction, and led much of McKinsey’s work on productivity across the UK economy. Sarah began her career in the Civil Service as an Assistant Economist in the Department for Environment, Food and Rural Affairs (Defra).