London, United Kingdom - September 28, 2012, London, United Kingdom - UK Department for Business, Innovation and Skills announced that Shaun Kingsbury has been appointed as the chief executive of the UK Green Investment Bank (UK GIB).
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Mr. Kingsbury served as an Investment Partner at Hudson Clean Energy Partners, a clean energy private equity firm where he was responsible for its European activities. He is a renewable energy investor and advisor having been a founding partner of Pulsar Energy Capital and an advisor to 3i on renewable energy opportunities in Europe. Mr. Kingsbury also set up and leads the Low Carbon Finance Group in London, a body of leading capital providers to the renewable energy sector.
Also, it has been announced that six new non-executive directors have been appointed. New directors are Dame Julia King, Fred Maroudas, Tom Murley, David Nish, Isobel Sharp and Tessa Tennant.
Dame Julia has been the Vice-Chancellor of Aston University since December 2006. She is a member of the Board of Universities UK and Chair of the Higher Education Statistics Agency, as well as Non-Executive Director at the Department for Business, Innovation and Skills (BIS). Dame Julia was appointed as the UK’s Low Carbon Business Ambassador in November 2010.
Mr. Maroudas has recently been appointed to the role of Finance Director of Heathrow Airport. He joined BAA in 2009 as Director of Treasury. Mr. Maroudas currently chairs the UK Green Investments (UKGI) Investment Committee and is Deputy Chairman elect, Local Partnerships LLP.
Mr. Murley leads the renewable energy team at HgCapital and is responsible for HgCapital Renewable Power Partners' funds. He joined HgCapital in 2004 and has more than 15 years’ experience in providing equity finance to the US and European conventional and renewable power sectors.
Mr. Nish has been Chief Executive at Standard Life since January 2010. He is also Deputy Chairman of the Board and Chairman of the Life Insurance Council Management Committee of the Association of British Insurers, Member of the UK Strategy Committee of TheCityUK and Member of the Financial Services Advisory Board of the Scottish Government.
Ms. Sharp advises Deloitte LLP on corporate reporting, governance and public policy matters, having retired as senior technical partner in May 2012. She is a Visiting Professor and member of the Advisory Board at the University of Edinburgh Business School. ■