Press release: Reappointments to the Review Body on Senior Salaries

Dr Martin Read, Sir Adrian Johns and Dr Peter Westaway have been reappointed to the Senior Salaries Review Body (SSRB), with Dr Read continuing in his role as Chair. The SSRB provides independent advice to the Prime Minister and senior ministers on the pay of many of the nation’s top public servants. The appointments are all for a further term of approximately 3 years with immediate effect.

Biographies

Dr Martin Read, CBE, MA, DPhil, FIET

Martin Read is Chairman of Laird plc, of the two government companies which manage contracts and payments under the electricity market reform programme (the Low Carbon Contracts Company and the Electricity
Settlements Company) and of the Remuneration Consultants Group. He is also a non-executive director of Lloyd’s of London. Martin was chief executive of international IT services company Logica from 1993 to 2007 and has served as a non-executive director on the boards of invensys, Aegis Group, British Airways, Siemens Holdings, Boots, ASDA and the UK Government Efficiency and Reform Board. He was chairman of the Remuneration Committees at Invensys, British Airways and Boots. He has been a senior adviser to private equity firms Candover and Actis and to Indian technology companies HCL and Zensar. He led UK government reviews on back office operations and IT across the public sector (2008/9) and management information (2012).

Sir Adrian Johns, KCB, CBE, DL

Adrian Johns served for 35 years in the Royal Navy specialising as a helicopter pilot and flying instructor but also commanding 5 times at sea in ships ranging from a minesweeper to HMS OCEAN, Britain’s largest warship
at the time. He was Head of the Fleet Air Arm for 5 years and retired from the Navy in the rank of Vice-Admiral as Second Sea Lord and Commander-in-Chief Naval Home Command in 2008. In his final appointment he was responsible for all aspects of HR, remuneration, recruiting, training, and career management for the naval service. Following retirement from active service he was Governor and Commander-in-Chief, Gibraltar from 2009 to 2013. He has a variety of charitable interests, is patron of a number of Veterans’ Associations, and is a Deputy Lieutenant for Greater London.

Dr Peter Westaway, DPhil

Dr Peter Westaway is chief economist and head of investment strategy for Vanguard Asset Management, Europe. He meets with clients and writes articles to provide Vanguard’s perspective on economic issues and longerterm investment strategy implications. Dr. Westaway was previously chief economist, Europe, for Nomura International and a senior official at the Bank of England where he conducted analysis on the economy and financial markets and the economy for the Monetary Policy Committee of the Bank of England. He also provided analysis and input to HM Treasury’s “Five Tests Assessment” in 2002-2003 of whether the UK should adopt the euro.

Dr. Westaway earned a Ph.D. in economics and a Master of Philosophy in
control engineering and operational research from the University of Cambridge, and a B.Sc in mathematics and economics from the University of York.

Further information

Further details of the roles are available on the Centre for Public Appointments website.

The appointment process for these roles was in full accordance with the Commissioner for Public Appointments’ Code of Practice. The SSRB provides independent advice to the Prime Minister, the Lord Chancellor, the Secretary of State for Defence, the Secretary of State for Health and the Home Secretary on the pay of: the judiciary; senior civil servants; senior officers of the armed forces; certain senior managers in the NHS; Police and Crime Commissioners; chief police officers; and other such public appointments as may from time to time be specified.

Link: Press release: Reappointments to the Review Body on Senior Salaries
Source: Gov Press Releases

Press release: Grading under review for Inclusion Housing Community Interest Company

The Regulator of Social Housing reports that Inclusion Housing Community Interest Company has been placed on its Grading under review list.

The regulator is currently investigating a matter regarding Inclusion’s compliance with the Governance and Financial Viability Standard. The outcome of the investigation will be confirmed in a regulatory judgement, once completed.

The GUR list is available on the website.

Further information

  1. The GUR list includes providers being investigated for an issue that may result in non-compliant grades for the Governance and/or Financial Viability Standard.
  2. The regulatory framework can also be found on the website.
  3. Inclusion does not currently have a regulatory judgement as it previously held less than 1,000 homes. The regulatory judgement to be published at the end of the investigation will be its first regulatory judgement.

The regulation of social housing is the responsibility of the Regulation Committee, a statutory committee of the Homes and Communities Agency (HCA). The organisation refers to itself as the Regulator of Social Housing in undertaking the functions of the Regulation Committee. Homes England is the trading name of the HCA’s non-regulation functions.

The regulator’s purpose is to promote a viable, efficient and well-governed social housing sector able to deliver homes that meet a range of needs. It does this by undertaking robust economic regulation focusing on governance, financial viability and value for money that maintains lender confidence and protects the taxpayer. It also sets consumer standards and may take action if these standards are breached and there is a significant risk of serious detriment to tenants or potential tenants.

For more information visit the RSH website.

Our About the Regulator of Social Housing page has contact details for media enquiries.

For general queries to RSH, please email enquiries@rsh.gov.uk or call 0300 124 5225.

Link: Press release: Grading under review for Inclusion Housing Community Interest Company
Source: Gov Press Releases

Press release: New HM Trade Commissioner to lead trade promotion in the Middle East

  • International Trade Secretary Dr Liam Fox MP appoints banker Simon Penney as new HM Trade Commissioner for the Middle East
  • he will oversee trade promotion and investment in the Middle East – raising the profile of the region in the UK and building stronger and deeper trading relationships
  • the announcement comes as Dr Fox visits Bahrain and the United Arab Emirates to promote £30 billion of investment opportunities and championing British businesses in the Gulf

Today (Monday 28th May) International Trade Secretary Dr Liam Fox MP appoints Simon Penney as Her Majesty’s Trade Commissioner (HMTC) for the Middle East.

The announcement comes as Dr Fox visits Bahrain and the United Arab Emirates (UAE), meeting government and industry representatives to boost trade and promote more than 68 UK projects worth £30 billion to investors.

Simon joins the Department for International Trade (DIT) following a career spent working in the Middle East and Africa, most recently as Head of Wholesale and International Banking at First Gulf Bank. Prior to that he was Middle East & Africa Chief Executive Officer at RBS.

International Trade Secretary Dr Liam Fox MP said:

The addition of Simon to the team is a statement of intent for our Middle East trade ambitions, and another example of the department attracting the very best people from across both private and public life. The knowledge, contacts and business nous he brings will be a boost to all firms looking to do business in the region.

As the UK develops its first independent trade policy in more than 40 years, the opportunity for British firms to trade with markets like the Middle East has never been greater.

DIT Permanent Secretary Antonia Romeo said:

I am delighted to welcome Simon to the Department’s top team in what is another significant appointment transforming our trade and investment business overseas.

Simon has deep links with industry in the region and a proven track record in leadership, and is well-placed to lead a strong and informed service to UK businesses in-market, as well as to Middle Eastern investors looking to invest in the UK.

On joining the Department, the new HM Trade Commissioner for the Middle East, Simon Penney, said:

Having spent a significant part of my career working in the Middle East, I understand the great opportunities the markets present to British business. There is vast appetite for British goods and services in the region and huge numbers of Middle Eastern investors looking to invest in the UK.

The UK’s trade relationship with the region is already strong, but its true potential has not yet been tapped. I look forward to getting back on the ground and making the case for UK PLC.

The appointment makes Simon the sixth HM Trade Commissioner to be announced by the Department and follows the appointment of Trade Commissioners for North America, China, Eastern Europe and Central Asia Network, Latin America and South Asia.

Simon will start in the role this summer.

About HMTCs

All of the new Her Majesty’s Trade Commissioners (HMTCs) will cooperate closely with HM Ambassadors and High Commissioners, the wider diplomatic network, and other HM Government colleagues based in countries in their region, in a joined-up and coordinated Government effort overseas to promote UK trade and prosperity.

In total, there will be 9 geographical areas that the HM Trade Commissioners will cover:

  • Africa
  • Asia-Pacific
  • China
  • Eastern Europe and Central Asia Network
  • Europe
  • Latin America
  • Middle East
  • North America
  • South Asia

Simon Penney

Simon Penney will be named as the new HM Trade Commissioner for the Middle East. Simon has spent much of his career working overseas, particularly in the Middle East and will bring with him a wealth of knowledge of operating within the region.

He was mostly recently Head of Wholesale and International Banking at the First Gulf Bank and was the Chief Executive Office, Middle East & Africa for the Royal Bank of Scotland prior to that. Simon will be joining the team at the beginning of July.

The appointment is conditional pending satisfactory security checks being completed.

For further information

Contact the DIT Media and Digital Team on 020 7215 2000

Follow us: @tradegovuk, gov.uk/dit

Link: Press release: New HM Trade Commissioner to lead trade promotion in the Middle East
Source: Gov Press Releases