BBB AR 2020 Banner image Directors Bios

Strategic report

Directors' biographies

BBB AR 2020 Inline Staff Images Lord Smith of Kelvin

Lord Smith of Kelvin

Chair

One of the UK’s most experienced Chairs, Lord Smith has led organisations in the private, public and voluntary sectors. He is a chartered accountant by profession and former President of the Institute of Chartered Accountants of Scotland.

He is currently Chair of IMI plc, Forth Ports Ltd, Scottish Enterprise and the Commonwealth Games Federation Partnership. He is also Chancellor of the University of Strathclyde.

BBB AR 2020 Inline Staff Images Neeta Atkar

Neeta Atkar

Senior Independent Director and Chair of Risk Committee

Neeta has 30 years’ experience in financial services, having held a series of positions at both banks and insurance companies in the private and public sectors, working across all aspects of risk.

Neeta is a Non-executive Director of Nomura Europe Holdings plc, Nomura International plc, Nomura Bank International and Nomura Financial Products Europe. She is also a Non-executive Director of Yorkshire Building Society. She chairs the Risk Committees for both firms. She has been a magistrate for over 20 years.

BBB AR 2020 Inline Staff Images Jonathan Britton

Jonathan Britton

Independent Non-executive Director and Chair of Audit Committee

Jonathan Britton has over 35 years’ experience in banking, spanning corporate, SME and investment banking businesses.

A qualified chartered accountant, he was Divisional Finance Director and Head of Strategy for the Wholesale Division at Lloyds Banking Group from 2009 to 2013, and a Non-executive Director and Chair of the Audit Committee of ICIC Bank UK Ltd from 2011 to 2017. Jonathan is currently a Non-executive Director of Nomura Europe Holdings plc, Nomura Bank International plc and Nomura International plc. He is a also Non-executive Director of Richmills Ltd and The Salcombe Boatstore Ltd.

BBB AR 2020 Inline Staff Images Piers Linney

Piers Linney

Independent Non-executive Director

Piers Linney is an entrepreneur and investor with a professional background in the City in both law and investment banking.

A qualified lawyer, Piers has founded several technology and communication businesses and has won a range of entrepreneurship awards, as well as appearing as an investor on Dragons’ Den. He sat on the Cabinet Office SME Panel and the Board of TechUK.

BBB AR 2020 Inline Staff Images Christina Mc Comb OBE

Christina McComb OBE

Senior Independent Director until 15 November 2019

Christina McComb has held a range of senior private and public sector roles and has a track record in private equity and venture capital investment as well as advising small and medium-sized businesses.

Christina is currently Chair of OneFamily, a modern financial mutual organisation, and Chair of Standard Life Private Equity Trust plc. She is Senior Independent Director of Big Society Capital, a trustee of NESTA, and a Non-executive Director of Nexeon Ltd.

BBB AR 2020 Inline Staff Images Dharmash Mistry

Dharmash Mistry

Independent Non-executive Director

Dharmash Mistry is an experienced venture capitalist, entrepreneur and Non-executive Director.

He is currently a partner at LGT Lightstone and prior to this was a partner at Balderton Capital and Lakestar. Prior to this, he was Group MD of Emap Consumer Media, where he co-led the delisting of Emap plc from the FTSE 100 and sold the consumer business.

Dharmash sits as a Non-executive Director on the Board of BBC Commercial Holdings Ltd and is Chair of blow Ltd.

BBB AR 2020 Inline Staff Images Amanda Rendle

Amanda Rendle

Independent Non-executive Director and Chair of Remuneration Committee

Amanda has over 30 years of marketing and communications experience in agencies and clients across numerous sectors including financial services, professional service and FMCG. She was HSBC’s Global Head of Marketing for Commercial Banking and Global Banking and Markets.

Amanda is a Non-executive Director for Tesco Bank, Countrywide plc and Jaren Consulting plc. She is a Fellow of the Marketing Society and
a member of Women in Advertising & Communications London.

BBB AR 2020 Inline Staff Images Nathaniel Sloane

Nathaniel Sloane

Independent Non-executive Director (since 1 March 2020)

Nat worked in the private sector for 25 years as an entrepreneur, as management consultant at Bain and Company, and venture capitalist at Accenture Technology Ventures. He remains an active investor in alternative assets.

Since 2002 Nat has been active in the social impact market. He co-founded Impetus Trust, the first UK venture philanthropy trust fund, and is a founder trustee of the Education Endowment Foundation, the UK’s largest What Works Centre, chairing its Finance and Endowment Committee.

He is founder chair of Social and Sustainable Capital, one of the UK’s largest impact investment funds, chairs Pause, a charity that supports women to reduce the number of children taken into care, and was previously chair of The National Lottery Community Fund in England.

BBB AR 2020 Inline Staff Images Ceri Smith

Ceri Smith

Shareholder Representative Director

Ceri Smith is a Director at UK Government Investments whose responsibilities include overseeing the British Business Bank on behalf of its Shareholder, the Secretary of State for Business, Energy and Industrial Strategy.

He previously worked in HM Treasury, the Department for Business and the Foreign Office. Responsibilities have included advising on business finance, employment law, SME taxation and developing the government’s Enterprise Capital Funds programme.

BBB AR 2020 Inline Staff Images Catherine Lewis La Torre

Catherine Lewis La Torre

Chief Executive Officer from 1 September 2020

Catherine was appointed CEO of the British Business Bank in September 2020, having led the Bank’s commercial arm since 2016 as CEO of British Business Investments (BBI) and, from October 2018, CEO of both BBI and British Patient Capital.

Prior to 2016, Catherine was Head of Private Equity for Cardano Risk Management, managing a global portfolio of private capital investments on behalf of UK pension funds. She was previously Managing Director of Paris-based European private equity investor Fondinvest Capital, a founding partner of Nordic fund-of-funds manager Proventure, after which she established a consultancy business advising Sovereign Wealth Funds and Institutional Investors in Asia, the Middle East and the US on their European private capital strategies.

BBB AR 2020 Inline Staff Images Keith Morgan CBE

Keith Morgan CBE

Chief Executive Officer until 31 August 2020

Keith led the establishment of the British Business Bank from January 2013, being appointed Chief Executive Officer in December 2013. He joined the Bank from UK Financial Investments, where he managed the government’s shareholdings in Bradford & Bingley and Northern Rock.

Previously, Keith held senior roles at Santander (Sovereign Bancorp US and Abbey National UK). Before joining Abbey, Keith spent 17 years at LEK Consulting, where he was a partner specialising in financial services.

Keith is a Non-executive Director of UK Asset Resolution Limited, Bradford & Bingley plc, NRAM Limited (Northern Rock Asset Management) and serves on the Board and Technical Committee of the ICAEW Corporate Finance Faculty. He is also a trustee of Jephcott Charitable Trust and The Design Council.

BBB AR 2020 Inline Staff Images Christopher Fox

Christopher Fox

Chief Financial Officer until 1 December 2019

Executive Director until 31 March 2020

As CFO, Christopher’s remit also included Policy and Communications, and Strategy, Economics and Business Development. Prior to joining the Bank in 2015, Christopher was Head of Banking at UK Financial Investments (UKFI), overseeing HM Government’s shareholdings in Lloyds Banking Group, RBS and UK Asset Resolution (UKAR). He also served as a Non-executive Director on UKAR’s Board.

Previously, Christopher spent almost 20 years at UBS, providing capital markets and investment banking advice to governments and financial institutions globally.

BBB AR 2020 Inline Staff Images Patrick Magee

Patrick Magee

Chief Commercial Officer

Patrick joined the British Business Bank as Chief Operating Officer in October 2014, becoming CCO in October 2017, with responsibility for Guarantee and Wholesale, Start Up Loans and Venture Solutions business areas. As a member of the government’s Shareholder Executive, Patrick had previously led the team working on the Bank’s set-up and governance and represented the government’s Shareholder interests on its Board. Previously, Patrick spent 18 years in investment banking, including as a managing director of corporate finance at JP Morgan Cazenove. In May 2020, Patrick became a Non-executive Director of International Biotechnology Trust plc.

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