Ministerial role

Minister of State (Minister for Investment)


Responsibilities include:

  • investment strategy
  • investment promotion across all sectors
  • investor relationship management
  • investment events (including Global Investment Summit)
  • DBT Investor Screening
  • Office for Investment
  • defence and security exports
  • Lords trade legislation

Current role holder

Lord Johnson

Lord Dominic Johnson of Lainston CBE was appointed Minister of State in the Department for Business and Trade on 7 February 2023.

He was previously Minister of State (Minister for Investment) in the Department for International Trade between 24 November 2022 and 7 February 2023.

He was Minister of State jointly in the Department for International Trade and the Cabinet Office between 2 October 2022 and 28 October 2022.

He has spent over 25 years in financial services, beginning his career at Robert Fleming in 1995, before moving to Hong Kong to work for Jardine Fleming and then in 2002, after a series of dot com start ups, heading the marketing for Lloyd George Asset Management - an emerging markets specialist firm.

In 2007 he co-founded Somerset Capital Management LLP as an employee-owned democratic partnership, focussing on pension fund management in developing countries.

Between 9 November 2020 and 2 October 2022 Dominic was a non-executive board member of the Department for International Trade. He was Chair of the department’s Audit and Risk Assurance Committee.

Between 2017 and 2019 he was vice-chairman of the Conservative Party.

More about this person

Previous holders of this role

  1. Lord Johnson

    2022 to 2023

  2. Lord Johnson

    2022 to 2022

  3. Lord Grimstone of Boscobel Kt

    2020 to 2022