Shareholder Executive

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The Shareholder Executive is the body within the British Government responsible for managing the government's financial interest in a range of public companies. Originally established within the Cabinet Office, it has since 2004 been part of the Department for Business (and its predecessor the Department of Trade and Industry). It is staffed by civil servants, many of whom are corporate finance professionals with private sector experience.

The Shareholder Executive currently manages a portfolio of 27 businesses, with a combined turnover of around £20 billion. It either advises Ministers directly (‘Directly managed’) or advises shareholder teams in shareholding Departments (‘Advisory’).

The National Audit Office (United Kingdom) in 2007 published a reportinto the Shareholder Executive. This was broadly positive but had some misgivings about the location of the Executive in the Department for Trade and Industry.

The government's shares in UK banks are managed by UK Financial Investments Limited

Contents

[edit] Remitted companies

[edit] Directly managed

[edit] In partnership with HM Treasury

[edit] In partnership with the Department for Transport

[edit] In partnership with the Department for International Development

[edit] Advisory

[edit] In partnership with the Home Office

[edit] In partnership with the Department for the Environment, Food and Rural Affairs

[edit] In partnership with the Department for International Development

[edit] In partnership with the Ministry of Defence

[edit] In partnership with the Department for Culture, Media and Sport

[edit] In partnership with the Department for Work and Pensions

[edit] In partnership with the Department for Communities and Local Government

[edit] See Also

UK Financial Investments Limited

[edit] External links

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