Our governance

Details of UK Export Finance's organisation and management structure.

Management structure

The Chief Executive is responsible for all our activities as the department’s Accounting Officer, and is supported by the Executive Committee, the UK Export Finance Board and the Export Guarantees Advisory Council.

Executive Committee

The Executive Committee is our senior policy-making body and it is responsible for advising the Chief Executive in his role as the Accounting Officer in the ongoing management of our business. It is chaired by the Chief Executive, meets fortnightly and typically has between 6 and 10 items on each agenda.

Areas it advises on include:

  • corporate governance
  • the allocation of financial and human resources
  • operational decision making
  • organisational performance

The Executive Committee is responsible for advising the Chief Executive.

UK Export Finance Board

The UK Export Finance Board supports the Accounting Officer in the management of UK Export Finance through operational oversight, by providing advice, challenge and assurance. It meets once a month, typically with a similar number of items on the agenda as the Executive Committee.

The Board advises the Accounting Officer on all matters of material importance to the department as defined in its Terms of Reference.

The Chairman and non-executive Directors of the Board make regular declarations as to any Directorships or substantial shareholdings they may hold.

A substantial shareholding is defined as shares in any one company worth more than £50,000, or more than 1% of the share capital of any company

Chairman and non-executive director – directorships

Member Position held
Guy Beringer, CBE, Chairman, UK Export Finance Chairman – The Legal Education Foundation
  Advisory Board Member – SpencerStuart
  Director – City Music Services Limited
  Director – Sleeklight, Director – BCKR
Amin Mawji, OBE Kyrgyz Investment & Credit Bank (NED, Chair AC)
  Samsara Investments Ltd (Chairman)
  UKTI – Audit Committee
Sir Eric Peacock E. Careers Ltd
  Stevenage Packaging Ltd
  Whizz Education Ltd
  Just Loans Plc
  Halo International
  Buckley Jewellery
  Sheraton Systems Ltd

Chairman and non-executive director – shareholdings

Member Amount or %ge of holding Shareholding
Guy Beringer, CBE, Chairman, UK Export Finance >1% Duchy of Cornwall Oyster Farm Limited
    Sleeklight Limited
    BCKR Limited
    Sagetech Limited
    City Music Limited
Amin Mawji, OBE None None
Sir Eric Peacock None None

Committee Publications

Publications relating to the Executive Committee and the UK Export Finance Board, including terms of reference and meeting minutes, are available here.

The Export Guarantees Advisory Council

The Export Guarantees Advisory Council is appointed by UK Export Finance’s ministers to provide advice to them on UK Export Finance matters. In practice, the Council focuses on the principles that should guide our operations, in particular around the following areas:

  • environmental impacts
  • anti-bribery & corruption
  • sustainability
  • disclosure

How we make decisions

We have a committee structure for advising on operational decision-making. Committees, rather than individuals, advise the decision-taker, who may be the Accounting Officer or someone delegated by the Accounting Officer.