Non Executive Directorships

Non-Executive Director, UK Government Investments Korn Ferry International

Location: London

Date Posted: 01/03/2023

Closing Date: 28/03/2023

£25,000 pa – permanent

Full Job Description

Non-Executive Director, UK Government Investments

Body: UK Government Investments

Appointing Department: HM Treasury

Sector: Business, Finance & Skills

Location: London

Skills required: Business / Commercial

Number of Vacancies: 1

Remuneration: Salary of £25,000 per annum, with additional fees for committee membership(s).

Time Requirements: The estimated total commitment is no less than 3 days per month, but at the request of the Chair to commit additional time as is required from time to time.

Campaign Timeline

Competition Launched

28 February 2023

Closed for Applications

28 March 2023

Panel Longlist Sift

April 2023

Panel Shortlist Sift

May 2023

Final Interview Date

June 2023

Announcement

September 2023

Assessment Panel

Vindi Banga, Panel Chair

Chair, UK Government Investments • Representative of Organisation

Tim Jarvis

Director, Companies and Economic Security, HM Treasury • Departmental Official

Dame Clara Furse DBE

Independent Member

Vacancy Description

UK Government Investments (UKGI) is the government’s centre of excellence in corporate governance and corporate finance. The organisation works across government on some of its most interesting and complex commercial and financial tasks. It is responsible for promoting good governance of publicly owned businesses, supporting the government’s private sector interventions, delivering orderly transactions that generate value for money and analysing and advising on the UK government’s contingent liabilities.

The Role

UKGI are looking for a Non-Executive Director to join the Board. The Board provides strategic direction and ensures UKGI is equipped to perform its functions, including having sufficient resourcing and a suitable organisational structure. The Board also enables effective arrangements to be put in place to provide assurance on risk management, governance and internal control.

Non-Executive Directors play a key role in helping the organisation to achieve its objectives by providing independent oversight and constructive scrutiny and challenge to the executive management team.

The successful applicant will be required to make informed decisions and effectively monitor the leadership team’s performance in delivering UKGI’s strategy.

The successful applicant will be expected to perform the duties diligently and to a standard commensurate with the requirements of the role.

Full details of the role can be found in the appended candidate pack.

Person Specification

Essential

Background in corporate finance, which may have been gained in the financial services sector, consultancy, or in-house finance roles. Must have financial acumen.
Experience of working in a Non-Executive Director capacity on the Boards of significant entities in the public, private or third sectors or, exceptionally, deep experience working with Boards.
Experience of effectively liaising with and influencing diverse and high-profile stakeholders.
Corporate governance experience gained in major listed entities.

Desirable

Background in risk sector ideally with experience either as a Chair or member of an Audit and Risk committee, or significant Executive risk experience.
Ability to understand complex issues and the importance of accountability and probity in public life.
Track record of leadership in a large or complex organisation.

How to Apply

The closing date for applications is 28 March 2023 at 23:00pm UK time. Successful candidates may be invited to attend preliminary interviews with Korn Ferry during the search process. Any candidates that are required to attend will be notified as soon as possible.

In order to apply and your application be deemed complete, please submit all of the following:

a comprehensive CV
a covering letter (no more than two pages) which sets out which role you are applying for, your interest in the role and encapsulates the aspects of your experience relevant to the required criteria for the role you are applying for. Please also include details of two referees.
completion of the Disability Confident Scheme, Political Activity and Conflict of Interest questionnaire
completion of the equal opportunities monitoring form

The preferred method of application is via email at: [email protected]

We are committed to ensuring everyone can access our website and application processes. This includes people with sight loss, hearing, mobility and cognitive impairments. Should you require access to these documents in alternative formats or you are unable to apply online please contact: [email protected]

All applications will receive a response.

Attachments:

Diversity Monitoring form

Disability, Conflicts and Political activity form

Candidate pack

Apply here

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Other Positions Available:

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Location: London

Date Posted: 01/12/2023

Closing Date: 21/12/2023