UKGI00020145
UKG100020145
Shareholder
Executive
ShEx Dashboard
January 2016
OFFICIAL - SENSITIVE
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OFFICIAL - SENSITIVE
Mission Statement
The Shareholder Executive provides corporate finance expertise and advice across Government.
+ Ensure the Government is an effective and intelligent shareholder in its part or wholly-owned businesses.
Our mission is to:
+ Manage Government's interventions in the private sector to secure best value for the tax payer.
+ We manage the Government's shareholder relationships with its wholly or partly owned businesses
+ We provide corporate finance expertise and advice to Govemment Departments to ensure the taxpayer gets
MUELED COCO the best value from the assets it owns
deliver our
mission?
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IRRELEVANT
+ By recruiting, motivating, developing and supporting outstanding PEOPLE from the private sector and from
How do we within the Civil Service
deliver our
mission? + By ensuring we have the right PROCESSES in place to take on appropriate new business, identify and
mitigate risk, maintain workforce flexibility, and manage our knowledge and information.
How do we
measure
success?
+ We have a balanced performance scorecard, reviewed monthly by our Executive Committee and which our
Board reviews quarterly
Shareholder
Executive
HM Government
UKGI00020145
UKG100020145
OFFICIAL - SENSITIVE
Governance (1/5)
objective Antuni Porotnance Target I wey I
90% of top three annual priorities set out in ShEx Investment Reviews are LR = Last Review date
Ensure the taxpayer gets met by 31% March 2016
Governance best value from its r ) = Risk reduced
assets * 90% of ShEx investment review traffic light analysis at either amber/green [ ] = Risk increased
or green @ = Norisk change
vernance - Top Priorities Assessment
P * Ensure POL on track to break even (excluding subsidy) for2017/18 (with run-rate breakeven
achieved during 2016/17)
* Reconfirm timescales for consultation with Ministers and SPADs by end Feb 2016 (was Xmas 15). Oo (Co) (©) (©) (©) (©)
* Conclude the Network Transformation programme before March 2018 (end of current funding) Justin
BIS * Protect 3,000 rural branches as per the Government’s manifesto commitment
LR=130ct15 II ° Minimise HMG and POL exposure (financial and reputational) to alleged Horizon IT issues
_Ls_New Chairman to keep POL senior management team under review through 2016.
Implementation Quality of -
Shareholder Stakeholder J orsnarenower” GB) Management strteay (Gy Eneree Balance
Executive Relationship Model Team & Board erformance eet & Ris! 3
HM Government
UKGI00020145
UKG100020145
OFFICIAL - SENSITIVE @ = Risk reduced
@ = Riskincreased
Governance (2/5) @= worisechane
ead
@® Implementation Quality of
@&) Shareholder Stakeholder oO of Shareholder Management rs I Strategy Financial Balance
E +t Relationship Model Team bead Performance Sheet & Risk
xecutive Model Team & Boar
HM Government
UKGI00020145
UKG100020145
OFFICIAL - SENSITIVE @ = Risk reduced
@ = Riskincreased
Governance (3/5) @= worisechane
IRRELEVANT
Shareholder Implementation Quality of nena) tine
4 Stakeholder
Executive reationsip EQ ofsrarenoiter GJ maracement EI seoteey EB poiimance Sheet 8 isk 5
HM Government
UKGI00020145
UKG100020145
OFFICIAL - SENSITIVE @ = Fisk reduced
@ = Riskincreased
Governance (4/5) @= worisechane
IRRELEVANT
@ Shareholder vmolementat ualty of
, implementation ality of
Stakeholder Financial Balance
Executive BD ofsharchoider GJ management FB stroteay & Se formance Sheet ERR 6
Relationship Model Team & Board
HM Government
OFFICIAL - SENSITIVE
Governance (5/5)
UKGI00020145
UKG100020145
@ = Fisk reduced
@ = Risk increasea
«© = No risk change
Secure ministerial approval to reappointment of Chair autumn 2015, agree strategy for B [mi } B [F I B
Th appointment of new NEDS and process for independent board review both by March 2016 © c) © © ©
be i II. * Ensure resources in place to deliver new £1 coin in circulation by March 2017, Visitor Centre (©)
Mint Royal opening summer 2016 and new IT system substantively by end January 2016 Roger
« Review Return on average capital employed target by end Q1 2016
HMT * Secure renewal of UK coin contract on appropriate terms (by June 2017)
LR=20 Oct 15 II * Implement medium and long term strategy including growth of bullion business (ongoing)
CD * Continue to support DFID in its role as 100% shareholder to hold CDC management team and
C board to account and assist with governance issues as they arise (G) (S) © (S) (S) (S) Roger
* Agree working relationship with DFID by end Jan 2016.
DFID
LR = 17 Dec15
Implementation Quality of -
Shareholder Stakeholder lw] stsharshouler Management strategy Enancia Balance wick
Executive Relationship Model Team & Board erformance eet & Ris! 7
HM Government
OFFICIAL - SENSITIVE
Governance and Corporate Finance Projects (1/3)
UKGI00020145
UKG100020145
@ = Fisk reduced
@ = Riskincreased
(@) = No risk change
Governance key Implementation Quality of
stakelioldep of Shareholder Management ZB Strate, Einancial Balance
Relationship sonal ork —al Strategy Performance Sheet & Risk
@® Shareholder a Z
CE Project key:
CEProject key Resources Stakeholder Alignment: On Track: assessment Completed: Project
of progress against concluded, including 8
Executive
HM Government
ShEx role agreed
Secured: team,
budget, etc.
on key objectives and
project plan
plan close-out review
Governance and Corporate Finance Projects (2/3)
OFFICIAL - SENSITIVE
UKGI00020145
UKG100020145
@ = Fisk reduced
«© = No risk change
Risk increased
Governance and accompanying Corporate Finance Project
IRRELEVANT
a
Shareholder
Executive
HM Government
Governance ke’ .
Governance key Implementation Quality of .
Stakeholder Financial Balance
Le] Relationship GD of shareholder Management Strategy Performance Ls Sheet & Risk
Model Team & Board
SEProiect kev: Resources Stakeholder Alignment: On Track: assessment Completed: Project
ShEx role agreed Secured: team, on key objectives and of progress against EB concluded, including
budget, etc. project plan plan close-out review 9
OFFICIAL - SENSITIVE
Governance and Corporate Finance Projects (3/3)
UKGI00020145
UKG100020145
@ = Fisk reduced
@ = Riskincreased
«© = No risk change
Governance and accompanying Corporate Finance Project
IRRELEVANT
Governance ke} n
Governance key Implementation Quality of ae
Stakeholder Einancial Balance
Le] Relationship GD of shareholder Management Strategy Performance Ls Sheet & Risk
Model Team & Board
@Shareholder [Greater ;
: Resources Stakeholder Alignment: On Track: assessment Completed: Project
Executive ShEx role agreed [ e I Secured: team, [a I on key objectives and of progress against fal concluded, including
isp Gsaameaie budget, etc. project plan plan close-out review
10
OFFICIAL - SENSITIVE
Corporate Finance Projects (1/4)
UKGI00020145
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I Asset I Corporate Finance Project
IRRELEVANT
Psessnent isos I
Shareholder [gpacaien
> i : Resources Stakeholder Alignment: On Track: assessment
Executive ShExrole agreed [EY secured: team, (ZY on key objectives and of progress against
HM Government budget, etc. project plan plan
Completed: Project
concluded, including
close-out review 11
UKGI00020145
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OFFICIAL - SENSITIVE
Corporate Finance Projects (2/4)
ce Shareholder CE Project key: R Stakeholder Al It On Track t Completed: Project
: Resources ‘akeholder Alignment: n Track: assessment Completed: Project
Executive ShEx role agreed [ e I Secured: team, [a I on key objectives and of progress against concluded, including
ieiGomcaan budget, etc. project plan plan close-out review 12
OFFICIAL - SENSITIVE
Corporate Finance Projects (3/4)
UKGI00020145
UKG100020145
Corporate Finance Project
IRRELEVANT
Shareholder
Executive
HM Government
CF Project key:
Resources Stakeholder Alignment: On Track: assessment Completed: Project
BB shexrole agreed [EB secured: team, ZY onkey objectives and GB of progress against BD concluded, including
budget, etc. project plan plan close-out review
OFFICIAL - SENSITIVE
Special Situations Projects (1/2)
UKGI00020145
UKG100020145
Corporate Finance Project
IRRELEVANT
Shareholder
Executive
HM Government
SEProiect kev: Resources Stakeholder Alignment: On Track: assessment Completed: Project
ShExrole agreed [EY secured: team, LY onkey objectives and GB of progress against BB concluded, including
budget, etc. project plan plan close-out review
14
Special Situations Projects (2/2)
OFFICIAL - SENSITIVE
UKGI00020145
UKG100020145
Corporate Finance Project
Shareholder [crrrsieakeu jum
Executive BB shexrole agreed [EB secured: team,
HM Government budget, etc.
Stakeholder Alignment:
On Track: assessment
DB on key objectives and — GB of progress against
project plan plan
Completed: Project
concluded, including
close-out review 15
OFFICIAL - SENSITIVE
Operational Objectives
UKGI00020145
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Objective Annual Performance Target Status (updated
— i I monthly)
= ey Sndrenorder
Executive
HM Government
IRRELEVANT
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