Stephen Green, former chairman of HSBC, was today appointed Minister for Trade with responsibility for the Export Credits Guarantee Department (ECGD) and UK Trade and Investment.
ECGD’s Chairman Guy Beringer welcomed Lord Green’s appointment.
Stephen’s formidable background in banking means he already has a good knowledge of many of the problems facing British businesses. We look forward to working with him to help our exporters make the most of the opportunities to boost British trade.
ECGD’s Chief Executive Patrick Crawford added:
I know from the conversations we’ve already had that Stephen has a clear vision of where he thinks ECGD can do more to help British exporters. It’s a vision I and all my colleagues at ECGD share. His experience and standing will be of great benefit.
Lord Green started his career as a civil servant at the former Ministry of Overseas Development. He joined HSBC in 1982 and was appointed group chairman in 2006. He is a former chairman of the British Bankers’ Association and the Prime Minister’s Business Council for Britain.