UKG100045535
UKG100045535
Shareholder
Executive
ShEx Dashboard
October 2015
OFFICIAL - SENSITIVE
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Mission Statement
@ Shareholder
Executive
Ensure the Government is an effective and inteligent shareholder in its part or wholly-owned businesses.
‘Manage Government's interventions in the private sector fo secure best value for the tax payer.
‘We manage the Governments sharenolder relationships with its wholly or parly owned businesses
We provide corporate finance expertise and advice to Government Departments to ensure the taxpayer gets
the best value from the assets it owns
We deliver growth and boost the economy in new and innovative ways, - via entities lke the Green Investment
Bank investing in Green projects, or the British Business Bank helping finance markets to work better for
‘smaller businesses.
‘By recruiting, motivating, developing and supporting outstanding PEOPLE from the private sector and from
within the Civil Service
‘By ensuring we have the right PROCESSES in place to take on appropriate new business, identity and
iitigate risk, maintain workforce flexibility, and manage our knowledge and information
We have a balanced performance scorecard, reviewed monthly by our Executive Committee and which our
Board reviews quarterly
UKG100045535
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OFFICIAL - SENSITIVE
Governance (1/5)
+ 90% of top three annual priorities set out in ShEx Investment Reviews are LR = Last Review date
Ensure the taxpayer gets I met by 31" March 2016,
Governance best value from its Risk reduced
assets + 90% of ShEx investment review traffic light analysis at either amber/green Risk increased
or green
No risk change
Ensure POL on track to break even (excluding subsidy) f6r2017/18 (with run-rate breakeven
‘achieved during 2016/17)
‘Commence consultation on national access criteria before Christmas 2015
Conclude the Network Transformation programme before March 2018 (end of current funding)
BIS Protect 3,000 rural branches as per the Government's manifesto commitment.
Minimise HMG and POL exposure (financial and reputational) to alleged Horizon IT issues
New Chairman review of senior management team,
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Governance (2/5)
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IRRELEVANT
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Governance (3/5)
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Executive
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Governance (4/5)
@ Shareholder
Executive
Shes 8 lk 6
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Governance (5/5)
IRRELEVANT
@ Shareholder Stakeholder
Executive Relationship
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OFFICIAL - SENSITIVE Rkredueed
Governance and Corporate Finance Projects (1/4)
@ Shareholder
Executive
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Governance and Corporate Finance Projects (2/4)
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IRRELEV.
Project Description: Execute further sales of RM shares in FY 15/16 subject to value for money
‘+ 15% of shareholding sold in June 2015 via an Accelerated Board Build raising £750m
‘+ Chancellor announced intention in Budget to sell remaining 18% this F/Y subject to vim
* Uaising with banks on market conditions; valuation ; and method of sale. Advice to Ministers in
Scart: OBS September 2015
End: 9948 II + Secure sale of remaining 14% by March 2026
Project Description: 2% git of shares to RM employees
‘+ Have piggy-backed allocation of surplus shares to employees that RM was planning.
‘+ Rtas written to employees giving them the option to opt out if they wish
‘+ shares willbe transferred to share incentive plan trustee on c19 Sept and awarded to
‘employees on 5 October
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Governance and Corporate Finance Projects (3/4)
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CE
@ Shareholder
Executive
IRRELEVANT
GPriecibey
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Governance and Corporate Finance Projects (4/4)
IRRELEVANT I
Ls Ewen
@ Shareholder
Executive
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Corporate Finance Projects (1/3)
@ Shareholder sqnaeaizy
Executive BB sree agreed
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Corporate Finance Projects (2/3)
@ Shareholder sqnaeaizy
Executive BB sree agreed
UKG100045535
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OFFICIAL - SENSITIVE
Corporate Finance Projects (3/3)
@ Shareholder sqnaeaizy
Executive BB sree agreed
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Special Situations Projects (1/2)
@ Shareholder sqnaeaizy
Executive BB sree agreed
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Special Situations Projects (2/2)
Loe
@ Shareholder sqnaeaizy
Executive BB sree agreed
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Operational Objectives
Co oe I I ho
Executive "7