UK Green Investment Bank announces appointment of Chief Risk Officer

07 Dec 2012



The UK Green Investment Bank today announces the key appointment of Peter Knott as Chief Risk Officer.

Peter joins the bank with a strong background in financial institutions. He 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.

Peter will be responsible for ensuring that the bank establishes and maintains an effective risk management framework, supporting the Board's strategy and risk appetite. Peter will report to the bank's CEO Shaun Kingsbury.

UK Green Investment Bank CEO Shaun Kingsbury said:

I am delighted to appoint someone with such a strong track record, to what will be a critical role for the bank. Peter brings with him a wealth of experience from across the globe and his expertise and skills will be crucial as we manage the growth of the bank over the coming months and years.

Peter Knott said:

I am very excited by this opportunity to join the bank at this early stage in its development as a leading institution in the financing of the UK's renewable energy sector.