Announced as part of the National Infrastructure Strategy, the new bank will play a key role in delivering on the UK’s Net Zero commitments and levelling up across the country by co-investing alongside the private sector in vital infrastructure projects, like transport, renewable energy and digital connectivity.
Mr Grigg will advise on work on the design of the infrastructure bank ahead of further details being published at Spring Budget 2021. This will include gathering expert opinion to inform relevant government policies and how the bank will be set up. This builds on work undertaken by the Treasury as part of the Infrastructure Finance Review and National Infrastructure strategy to consider how a new bank could improve support for infrastructure financing in the UK.
Mr Grigg has had more than 30 years’ experience across the real estate and financial services industries. He has held a range of leadership roles including Chief Executive of Barclays Commercial Bank and, most recently, British Land.
The appointment began on 1st December 2020.
Notes
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Chris Grigg has more than 30 years’ experience across the real estate and financial services industries. He has held a range of leadership roles including Chief Executive of Barclays Commercial Bank and, most recently, British Land, a FTSE 100 property development and investment company which owns and manages over £10 billion of commercial real estate across the UK.
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A search for the permanent position of CEO, Chairman and other senior roles will be ongoing and appointed through fair and open competition.
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The role will be part time and unpaid.
Published 3 December 2020
