UKGI is the government’s centre of expertise in corporate governance and corporate finance.  

Andrew Duff was first appointed to the UKGI Board as a non-Executive Director in July 2019, and was reappointed for a second term in July 2022. Alongside this he is also Chair of Sage Group Plc. Andrew spent most of his executive career in the energy industry, including as Chief Executive Officer of global energy company, RWE Npower. 

Emma Reynolds, The Economic Secretary to the Treasury and City Minister, welcomed the extension: 

I am pleased to announce the extension of Andrew Duff’s term as a non-Executive Director on the UK Government Investments Board. UKGI provides invaluable advice and support to the government on complex corporate governance and corporate finance matters.  

Andrew’s significant executive experience including in the energy sector will help UKGI continue its important work supporting the government’s growth and clean energy missions. 

Vindi Banga, Chair of UKGI, said: 

Andrew has made significant contributions across the organisation, and I am delighted that his term on the UKGI Board has been extended for a further 12-month period. I look forward to working with him and the rest of the Board in supporting UKGI to deliver its strategy and objectives. 

This reappointment is regulated by the Commissioner for Public appointments (OCPA) and is made in accordance with the Governance Code on Public Appointments published by the Cabinet Office.  

This reappointment is made on merit and political activity played no part in the decision process. In accordance with the code, there is a requirement for appointees’ political activity (if any declared) to be made public. Andrew Duff did not declare any political activity. 

Further information

• UKGI is the government’s centre of expertise in corporate governance and corporate finance. It provides expert advice and leading solutions that inform and translate government’s decisions into effective outcomes in the national interest. 

• UKGI acts as shareholder representative for, and leads the establishment of, UK government most complex and commercial arm’s length bodies on behalf of sponsor departments. It advises on major UK government corporate finance matters, including financial interventions into corporate structures and corporate finance negotiations; it analyses and advises on the UK government’s contingent liabilities and  advises on major UK government corporate finance matters, including financial interventions into corporate structures and corporate finance negotiations. 

• UKGI is owned by HM Treasury and independently managed with a Board comprised predominantly of independent non-executive directors. UKGI works closely with both the private and public sectors, advising and interacting with ministers, Parliament and Whitehall departments.