UK Green Investment Bank announces appointment of Chief Financial Officer and new Non-Executive Director

26 Jan 2015



The UK Green Investment Bank (GIB) today announces the appointment of Peter 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 also announces 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.

Notes to editors

Peter Knott biography:

Peter qualified as a chartered accountant with Deloitte & Touche in 1988 before joining Jardine Fleming where he worked in Hong Kong and Tokyo in the securities and fund management businesses. He later moved to New York as the Chief Financial Officer for JPMorgan Chase's global investment banking coverage and mergers and acquisitions groups. More recently, he worked for Standard Chartered, where he held roles including Group Treasurer, Consumer Banking Group Chief Risk Officer and Group Head of Operational Risk. In his role at GIB Peter has built the bank’s risk and compliance framework and led GIB through the process of becoming regulated by the FCA.

Laurence Mulliez biography:

Laurence is an experienced chief executive with over 20 years commercial experience in a range of industries and firms, from large multi-nationals to start-ups. Most recently she was chief executive at Eoxis Renewable Energy, an independent renewable energy power producer. Laurence is a Non-Executive Director at Aperam and chairs Voltalia. Before that Laurence held a number of senior roles at BP, including CEO of Castrol Industrial Lubricants and Services as well as Head of Strategy and Planning for all of BP's Gas Power and Renewables.