Shareholder Executive
The Shareholder Executive was set up in September 2003 to work with shareholder departments in Government to improve fundamentally the Government’s capabilities and performance as a shareholder.
Our current remit covers 28 businesses (from organisations as large as the Royal Mail to smaller businesses like the UK Hydrographic Office) and spans 12 government departments. We are also responsible for project managing the Asset Management & Sales strand of the Government’s Operational Efficiency Programme, working jointly with HM Treasury. This currently covers over 20 assets across Government, 8 of which are already part of the Shareholder Executive’s remit. The Government Property Unit responsible for property efficiency across the public sector estate is also part of the Shareholder Executive, and reports to the Efficiency and Reform Group ministers.
We also offer a wide range of corporate finance expertise and advice across Government, which is applied beyond the portfolio of government-owned businesses. This includes the appraisal and negotiation of financial assistance to companies in the UK as well as provision of financial, analytical and negotiation support to Ministers and Departments in their dealings with companies. For example, we provide corporate finance advice on major initiatives to a range of departmental clients across government in the following areas: Financial Interventions; Launch Investment; Rescue and Restructuring Aid; Grant for Business Investment; and commercial advice on key third party relationships.
