To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department was aware that the Chair of the UK Green Investment Bank was being considered for other government or commercial roles when it received advice from him on the sale of that bank; and whether his Department made an assessment of the potential effect on that advice of such consideration.
This answer is the replacement for a previous holding answer.
Answered on
23 March 2017
The Government is grateful to the Green Investment Bank (GIB) Board for the considered views it has provided throughout the GIB sale. All decisions taken in regard to the sale of GIB are for Ministers alone.
As shareholder, Government works closely with the GIB Board to ensure the business operates to high standards of corporate governance at all times.