Sarah Dean

Sarah is Head of Tax and Investments at the Grosvenor Estate Family Office, where she leads provision of effective tax, investments and governance services. Sarah is also responsible for leading examination of organisational risk at the Grosvenor Estate, and Chairs the Family Office Risk Committee. Educated in Wirral, Sarah studied for her degree at Manchester University Business School. Joining PwC in 1999, Sarah qualified as a Chartered Tax Advisor and gained a breadth of experience in advising clients in individual, corporate and international taxation, primarily in the consumer and industrial products sector. Sarah is an alumnus of the Institute of Management Development (IMD) in Switzerland and an Affiliate member of the Society of Trust & Estate Practitioners (STEP). Involved in volunteering, in various capacities, for over fifteen years, Sarah is presently Chair of Governors at a Chester primary school. Sarah lives in rural North Wales with her husband and three children.

David Fleming

David Fleming is the Chief Technology Officer at Mitigo, a cyber security company based in the North West. He spent the majority of the past decade at the heart of the digital transformation of UK Banking. As Head of Digital Banking at the Lloyds Banking Group he grew their digital customer base to over 10 million active users whilst defining the transformation roadmap for Lloyds, Halifax and Bank of Scotland brands. He was also accountable for the re-launch of the TSB digital bank, when it was floated out of the group 2012. In 2014 David moved to be part of the turnaround team at the Co-operative Bank as Digital Director and Transformation & Strategy Director. He lives in Cheshire with wife Sarah and their 3 children.

Max Steinberg

Max was appointed Chief Executive of Liverpool Vision in July 2010. On joining Liverpool Vision, Max oversaw Liverpool’s award winning six-month participation in the World EXPO Shanghai 2010, a six-month global event based around the theme of ‘better city, better life’ which culminated in the Liverpool Gala Day on 16 October 2010. Max has overseen the enhancement of Liverpool Vision’s business growth service, expansion of Liverpool Vision’s work in key international markets and the creation of Marketing Liverpool. Max was instrumental in securing the first International Festival for Business 2014 which was held in Liverpool and had overall responsibility for the organisation and delivery of the Festival. He was Chair of the Festival and Executive Steering Group in 2014 and 2016 and is now chairing the 2018 Festival. Max began his career at Liverpool City Council in 1975 before moving to the Housing Corporation where he spent 25 years working in all aspects of housing, before becoming Chief Executive of Elevate East Lancashire in 2003. In 2009 he became Chief Executive of Regenerate Pennine Lancashire Ltd.

Max was on the Board of Liverpool John Moores University European Institute of Urban Affairs from 1992 and was its chairman until 2013. He is Chair of the Riverside Housing Group and was a non-executive director of Kensington Regeneration from 2003-2006. Max was appointed Chairman of the Roy Castle Foundation in August 2015 and has recently become a Board Member of the following: The Advisory Board for International Business and Diplomatic Exchange (IBDE), the Great Exhibition in the North and Shakespeare in the North. He was awarded a Senior Fellowship at Liverpool Hope University. In 2011 Max was awarded the OBE in 1997 for services to Housing and Regeneration on Merseyside and was awarded the CBE for services to Business and the Community in the June 2013 Birthday Honours List.

These roles are not remunerated. These appointments have been made in accordance with the Cabinet Office’s Governance Code on Public Appointments. The process is regulated by the Commissioner for Public Appointments. The Government’s Governance Code requires that any significant political activity undertaken by an appointee in the last five years is declared. This is defined as including holding office, public speaking, making a recordable donation or candidature for election. Sarah Dean, David Fleming and Max Steinberg have made no such declarations.

Admiral Sir Mark Stanhope

Admiral Sir Mark Stanhope retired from the Royal Navy in April 2013 after 43 years of service. He was the First Sea Lord and Chief of Naval Staff for nearly 4 years, which was the culmination of a career that included command of submarines HMS Orpheus and HMS Splendid, the frigate HMS London and the aircraft carrier HMS Illustrious. He has had a number of appointments in NATO including working in the USA as a Deputy Supreme Commander. He is now the President of the Marine Society and Sea Cadets, a member of the Council of Management of the White Ensign Association and holds a number of other maritime related charitable positions.

Jeremy Penn

Jeremy Penn has been a Trustee of RMG since 2015 and a Trustee of the Marine Society and Sea Cadets (MSSC) since 2017 and serves on the Board of Advisors for London International Shipping Week 2019 (LISW), having chaired the Steering Group for LISW 2015 and 2017. He is also a Trustee of a defined benefit pension plan. He was Chief Executive of the Baltic Exchange from 2004 to 2016. Prior to that he worked for 20 years at Reuters Group PLC in a range of positions specialising in technology and marketing related to financial information as well as general management. He has lived and worked in France, Zimbabwe, Morocco, Hong Kong, Australia, Singapore and the USA as well as the UK. He was educated at Warwick School and Corpus Christi College, Oxford and later took the Advanced Management Programme at Harvard Business School.

These roles are not remunerated. These reappointments have been made in accordance with the Cabinet Office’s Governance Code on Public Appointments. The process is regulated by the Commissioner for Public Appointments. The Government’s Governance Code requires that any significant political activity undertaken by an appointee in the last five years is declared. This is defined as including holding office, public speaking, making a recordable donation or candidature for election. Admiral Sir Mark Stanhope and Jeremy Penn have made no such declarations.

New research published highlights that National Nature Reserves (NNRs) managed by Natural England offer huge value for money, with a wide range of economic, environmental and societal benefits totalling £36 million.

Our NNRs are some of the most important sites for wildlife and geology in England. They conserve biodiversity and geodiversity, provide an outdoor space for education, learning and research, and opportunities to access, enjoy and engage with our natural heritage, championed within the Government’s 25 Year Environment Plan.

A new Natural Capital Accounts report published today provides an innovative insight into the health of our NNRs as natural assets, as well as demonstrating the ecosystem services, benefits and value they provide to society in one extended balance sheet. The report will provide a new perspective to inform investment and management decisions around NNRs.

The report shows the most significant benefits provided by our NNRs are wildlife, positive cultural impacts, and climate change reduction through carbon sequestration. The report estimates that the 141 NNRs managed by Natural England will remove up to 185,000 tonnes of carbon dioxide equivalent per year from our atmosphere providing an annual benefit of approximately £12 million. NNRs are an important recreational resource, attracting an estimated 5.5 million visits a year. NNRs do not charge for access so these visits represent free recreational experiences which we estimate are worth £22 million per year.

Other benefits of NNRs, such as wildlife and health improvement, and water quality and pollination, are also highlighted in the report, although we are not yet able to place a monetary value on them.

Tim Hill, Chief Scientist at Natural England said:

National Nature Reserves are the crown jewels of our natural heritage, important natural capital assets that need to be understood to ensure they are resilient so we can continue to provide environmental, societal and economic benefits for generations to come.

I believe that these accounts demonstrate not only how important National Nature Reserves are, but also how a more inclusive approach to natural capital accounting is essential if we are to invest in, and manage, our natural capital for the full suite of benefits that they offer.

Natural Capital Accounting organises the available evidence, quantifying and expressing NNRs in monetary terms where possible, demonstrating the benefits of investment. Like other assets, the NNRs will continue to provide benefits if they are maintained and invested in.

Natural Capital Accounting is an experimental accounting method which has been used by the Environment Agency, Forest Enterprise and the Royal Society for the Protection of Birds.

UKEF will support a €30.2 million contract for the refurbishment of Al Mussaib power station in southern Iraq, the UK government announced today (21 February). The support will enable the rehabilitation of a 320 megawatt (MW) turbine, that will help improve the overall efficiency and output at the power station.

Al Mussaib power station, located close to Baghdad, is one of the main providers of electricity for the city. Increasing its output will help secure the supply of basic electricity to Baghdad residents.

Minister of State for Trade and Export Promotion, Baroness Fairhead said:

I am delighted that UK Export Finance is supporting the first phase of the refurbishment, which will have such a significant impact on the supply and security of electricity in southern Iraq.

The demand for UK expertise on complex projects like this highlights the UK’s leadership in this sector and I am delighted that UK Export Finance is supporting projects that will have such a direct impact on improving the country’s infrastructure and the lives of the Iraqi people. I encourage likeminded businesses to get in touch with UKEF to learn more about the kind of financial support we can provide.

This announcement follows the agreement between the governments of the UK and Iraq signed in March 2017, which re-affirmed the UK’s commitment to Iraq’s continued economic development.

Darren Davidson, Managing Director – Power Generation Services, Power & Gas, Siemens UK said:

The refurbishment of the Al Mussaib power plant will be hugely important both for the citizens of Baghdad and for our international business. UKEF’s support demonstrates the UK government’s commitment to improving Iraq’s infrastructure and the UK’s energy sector.

UK Export Finance is the UK’s export credit agency and a government department, working alongside the Department for International Trade as an integral part of its strategy and operations.

Our mission is to ensure that no viable UK export should fail for want of finance or insurance from the private market. We provide finance and insurance to help exporters win, fulfil and ensure they get paid for export contracts.

Sectors in which UKEF has supported exports include: aerospace, healthcare, infrastructure, telecommunications and transport.

UKEF has a national regional network of 24 export finance managers supporting export businesses.

Our range of products includes:

• Bond insurance policy
• Bond support scheme
• Buyer & supplier credit financing facility
• Direct lending facility
• Export insurance policy
• Export refinancing facility
• Export working capital scheme
• Letter of credit guarantee scheme

Our country cover positions outline our current cover policy and risk appetite for each country.