[Opinion] Chancellor Names Former RBS Boss CEO of National Wealth Fund

Chancellor names former RBS boss CEO of National Wealth Fund

Chancellor Rachel Reeves has appointed the former CEO of RBS International as CEO of the National Wealth Fund. Oliver Holbourn, who left RBS International Holdings – a subsidiary of NatWest Group – last month, will lead the government’s principal investor and policy bank, which is at the forefront of investing public money and mobilising private capital to help deliver on its growth and clean energy missions. He previously served as CEO of UK Fi…

Chancellor names ex-RBS chief to lead National Wealth Fund

Chancellor Rachel Reeves has named Oliver Holbourn, the former chief executive officer of RBS International, as the new head of the UK’s National Wealth Fund. The government-owned investment group was launched by in October 2024 with a funding commitment of £2.5bn. Reeves has since set new priorities for the National Wealth Fund, backed by £5.8bn worth of additional capital, with the goal of backing various sectors, including climate tech, and f…

Thinking small is how the National Wealth Fund will power net zero

It’s difficult to remember a time when a government’s Budget or Spending Review didn’t divide opinion – one thing’s for certain, June’s review was no different. The post Thinking small is how the National Wealth Fund will power net zero appeared first on New Civil Engineer.