UK Green Investment Bank appoints Chief Financial Officer and Non-Executive Director

The UK Green Investment Bank (GIB) has announced the appointment ofPeter Knott as Chief Financial Officer and Laurence Mulliez as a new Non-Executive Director.

Peter takes up the new Executive Director role from his existing position as Chief Risk Officer at GIB. He will join chief executive Shaun Kingsbury as the only other Executive Director on GIB’s independent board. GIB is now recruiting for a new Chief Risk Officer.

Laurence is an experienced Chief Executive with a proven track record in renewable energy. Laurence will also sit on GIB’s Investment Committee.

Chairman of the UK Green Investment Bank, Lord Smith of Kelvin said:

Now we have moved beyond the start-up phase it is important that we build the infrastructure we need to support our long-term future as an enduring institution. I am delighted that Peter Knott will be joining the GIB Board as a new Chief Financial Officer. This role will be critical for GIB as it works to build a growing and sustainable business.

I’m also delighted to welcome Laurence to the GIB Board. We very much look forward to benefitting from her experience and insight of renewable energy technologies and markets.

GIB has also announced the departure of Rob Cormie as Group Operations Director. Rob joined GIB in November 2012 and played a key role in establishing its operational and support structures. Rob’s wide ranging role included setting up GIB’s approach to assessing, monitoring and reporting the green impact of its investments and he also played a leading role in establishing the international network of green banks.

Chief Executive of the UK Green Investment Bank, Shaun Kingsbury said:

Rob has been instrumental in getting GIB up and running. He has put in place the operational and support structure that we needed to come through our start-up phase so successfully. I know he now wants to return to a more transaction focused role and I wish him well in the next phase of his career.