POL00448368 - UKGI PowerPoint Slide Deck re Shareholder NED Induction Pack

Evidence on official site

POL00448368
POL00448368

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UK Government

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OFFICIAL - SENSITIVE

Agenda

UKGI

Optimising the use of ALBs in specialised delivery
Enhancing government as an effective owner/ shareholder
The importance of capable and strong sponsorship

BEIS / UKGI ways of working

UKGI team responsibilities

Post office - UKGI team structure

Post office — BEIS team structure

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POL00448368

UK Government
Investments
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aoe
UK GOVERNMENT INVESTMENTS investments

Government's centre of excellence in corporate finance and governance

59
Private

sector * Over 120 experts with deep specialist expertise in corporate governance,
asset realisations, corporate finance and government

* Higher ratio of senior to junior staff compared to other Whitehall groups: CEO, 10
Directors, 26 Executive Directors, 37 Assistant Directors

Who we are

* Keep our pri ith seconde

What we do

* Governance: act as shareholder for, and lead the establishment of, HMG arm’s length bodies;
advise on governance issues to other government departments

LWA * Corporate Finance: provide commercial, restructuring, contingency planning and insolvency
advice in the case of potential and actual interventions by HMG

- Asset Realisations: prepare and execute all significant corporate asset sales by HMG

Managing fiscal risk: provide expertise to manage assets acquired during Covid-19 as a portfolio
through the creation of the Covid Interventions Resolution Group and a new contingent liability
ay central capability to monitor and analyse the total risk HMG is exposed to

ase How we do it
* Operating across HMG on some of its most important and complex situations 3
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OPTIMISING THE USE OF ALBs IN 2 cvormen
SPECIALISED DELIVERY mesmens

Where government does deliver through an ALB it must optimise the set-up of, and interface with,
that ALB in order to enable its success. The policy, legislative and funding frameworks must be
right, and there must be clarity on how government interacts with the ALB

+ Inthe case of ALBs with a specialised delivery function, there are critical success factors across
seven key areas for practitioners to consider

= ciL +, Q cd a [el fr pays

1 2 3 5 6 7

Clear Clear Capable Appropriate Proportionate Transparency, Constructive

purpose accountabi- and strong capability government andeffective and

and lities forthe sponsor- and delegations management appropriate

objectives ALBboard, shipofthe capacity andcontrols information, behaviours
department ALB within the assurance _ between
and Senior ALB and risk government
Responsible systems and the ALB

Owners
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POL00448368

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ENHANCING GOVERNMENT AS AN UF covraan

EFFECTIVE OWNER-SHAREHOLDER mesmens

* Government as owner has a number of sponsor responsibilities: customer, policy setter, funder,
regulator, and owner / shareholder — the success of an ALB will depend in part on government
fulfilling these responsibilities effectively and with the right capabilities

+ Differentiating between the responsibilities effectively can also help to surface natural tensions, and
so enable better decision-making

Government’s different sponsor responsibilities for its ALBs

Policy Owner or
“4 »

+ Behaviours and expectation-setting on both sides are extremely important to shaping
performance and accountability; these need to be constantly maintained

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THE IMPORTANCE OF CAPABLE AND UF covraan

STRONG SPONSORSHIP mesmens

+ Government as shareholder should seek to have ALBs which are high performing organisations.

+ UKGIl acts as a proactive shareholder on behalf of sponsor departments, promoting ALBs’
organisational performance across key functions

Challenge and support
the ALB’s performance as an organisation

Effective Effective Strong ALB Effective Experienced
objectives, leadership — governance relationships shareholder non
business high quality systems between the exec director on
planning, and board and supporting department and ALB board
performance senior organisational ALB

against business management performance

plan

Establish and maintain appropriate and effective corporate governance foundations which

govern the department-ALB relationship

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POL00448368

SHAREHOLDER UK Government
PRIORITIES FOR 21/22 vestments

Each year the shareholder sets the priorities for the POL Chair in the annual Chairs letter.
Performance against this forms part of the Chair’s annual appraisal.

In March 2021 the Perm Sec shared the following priorities for the year:

1.
2.
3.

Fully engaging with the Post Office Horizon IT Inquiry
Working towards resolving historic litigation issues

Prioritise cultural change; in particular buildinga more productive relationship with
postmasters

Successfully deliver on the Annual Plan for 2021/22

Develop the company strategy into a coherent Strategic Plan as part of the Spending Review for
funding beyond 2021/22

Build a diverse Board with the required capacity and capability
UKGI HISTORICAL
MATTERS PRIORITIES

1. Post Office Horizon IT Inquiry

2. Historic litigation issues:

1.

N oO an PF OY N

GLO and 555

HSS

Criminal convictions
Starling

Legal costs

HMU organisation

Postmaster detriment

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POL00448368

AS
UK Government
Investments
BEIS / UKGI WAYS OF WORKING

UKGI is responsible for:

* Financial and network monitoring
* Appointments and remuneration
* Governance

* Litigation monitoring

BEIS are responsible for:

* Policy e.g. access to cash, social purpose
* Stakeholder management e.g. NFSP

* Correspondence and briefings

Joint team on SR to balance responsibilities

SENSITIVE

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UK Government
Investments
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a
UK Government

UKGI TEAM RESPONSIBILITIES Investments

The UKGI POL Shareholder team is split into two teams that work closely with a BEIS POL Policy
team and lead on distinct areas:

Business As Usual
* Corporate Governance

+ Network
* Appointments and

Remuneration

+ Business Performance &
Planning

Litigation

* Historical Shortfall Scheme
* Post Office Horizon IT Inquiry
* Convicted Postmasters

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POL00448368

BEIS TEAM RESPONSIBILITIES renee

BEIS leads on Government’s long-term approach to POL and ensuring that POL’s activity is consistent with
wider government policy. The BEIS Post Office team is split into 3 teams:

Policy

* Policy oversight

* HMG’s policy framework for POL

* Cross cutting Government policy

* Parliamentary business relating to POL
* Stakeholder management

Horizon issues and Compensation
* Historical Shortfall Scheme
* Overturned Criminal Convictions compensation (interim payments & full settlements)

Inquiry
* Sponsoring the Williams Inquiry into the Horizon scandal (setting TOR etc) 1
* Supplying BEIS evidence to the inquiry
POL00448368

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POST OFFICE — UKGI
TEAM STRUCTURE

Tom
Cooper

Director
Tue - Fri

cg

UK Government
Investments

Last updated: 10 September 2021
Key: POL team

Georgia
Leppenwell

PA

BAU Shareholder role

Jamie
Carter

Executive
Director

Tue - Fri

Dave James
Barnett Gourlay

Assistant Assistant
Director Director

1 FTE 0.5 FTE

Annie
Carpenter

PMO
0.5 FTE

Siv Gurdeep
Rajeswaran Singh

Meet Desai
Manager
1 FTE

Manager
0.6 FTE

Manager

Litigation

Rob
Mackie

Executive
Director

0.5 FTE

Ramona
Jones

Helen
Mitchell

Assistant
Director

0.5 FTE

Morgan
Consultant

Assistant
Director

0.5 FTE

Joss

Josh Scott

Manager
0.9 FTE

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POST OFFICE —- BEIS UK Government
TEAM STRUCTURE — nvestments

ul
Carl Creswell q)
Director

Policy and
oversight

Inquiry

Rob Brightwell
Deputy Director

Compensation
PA to Der Eleanor Brooks /

Beth White
Deputy Director

‘
SO Eleanor Beal
36 Head of Post Office
3 \ Policy

Amisha Patel

Dyana Banton Sarah Callow Policy Lead

Caroline Brooke James Lovesey

Ed Baird

Senior Policy
Advisor

Emily Miller

Emily Snow Sponsorship

Adviser