Team Members

Charles Donald

Chief Executive Officer

Charles was appointed Chief Executive Officer of UK Government Investments in March 2020, having joined in May 2018 as Head of the Financial Institutions Group.

Prior to this, he had spent his entire career in investment banking. He worked in Financing from 1987 – 1992 and then Equity Research from 1992 – 2006. He then moved into UK Corporate Advisory where he held a number of senior management positions until 2018.

Charles is the Head of the Government’s Corporate Finance Profession.

From 2021 – 2024, Charles served as Chair of the Working Party on State Ownership and Privatisation Practices for the OECD in Paris.

His former Board roles include Non-Executive Director of the UK Infrastructure Bank (now the National Wealth Fund), Trustee of Help for Heroes (the Armed Forces charity) and Chair of the Lambrook School Trust.

Michael Harrison

Senior Adviser

Michael is from a commercial and civil service background. He currently a Non-Executive Director on the board of Urenco Limited (a Uranium enrichment company) and a governor of the Motability Foundation (a charity supporting disabled people).

He was from 2009 to June 2024 a Director at UK Government Investments where he worked on a range of governance roles and commercial projects across Government. As part of this role he has been a Non-Executive Director on the boards of many companies including Network Rail, Ordnance Survey and the Met Office.

Michael previously had a broad international corporate advisory background. He spent 8 years before joining UK Government Investments working in Australia for independent corporate finance advisor Caliburn. Prior to that, Michael spent 12 years in investment banking with CSFB and BZW in both London and Europe. He started his career as an accountant at PWC.

Henry Lloyd

Director

Henry Lloyd joined UK Government Investments (formerly the Shareholder Executive) in June 2015. Previously, he spent over twenty-five years in European corporate finance and mergers and acquisitions. He has worked in the UK investment banking teams at JPMorgan, CSFB and BZW where he started as a graduate trainee. Before joining HMG, he worked as the European head of a small international corporate finance advisory firm based in New York.

Since joining government, Henry has worked on the governance arrangements for Urenco and represented the Department of Business, Energy and Industrial Strategy on the board of The Insolvency Service. In 2017, he set up and has led a joint unit in the Ministry of Defence, comprising UKGI and MoD employees, which brings corporate finance and corporate governance expertise focussed on MoD’s complex commercial arrangements. Henry sits as a MoD appointed Non-Executive Director on AWE plc. He has also been appointed as a shareholder representative on the board of Sizewell C on behalf of the Department for Energy Security and New Zero.

Tom Cooper

Director

Tom Cooper joined UK Government Investments in October 2017.

At UKGI, he is currently on the Board of UK Export Finance. Previously, he has served on three Boards as HMG’s representative: Post Office, OneWeb; and EastWest Rail.

Prior to joining UKGI he was Global Co-Chairman of M&A at Deutsche Bank where he worked from 2009 – 2017. He started his career at KMPG and was at UBS Investment Bank for 21 years where his various roles included Head of European M&A.

Madelaine McTernan

Director

Maddy joined UKGI in 2017.  Prior to that, she was a Managing Director and Head of UK M&A at Credit Suisse. Maddy worked on a broad range of strategic advisory mandates through her investment banking career with a focus on cross-border M&A.  Prior to her 10 years at Credit Suisse, she worked in Lehman Brothers’ UK Investment Banking team and before that was a corporate lawyer at Freshfields.  Maddy was an Honorary Senior Visiting Fellow in the Faculty of Finance at Cass Business School between 2013 and 2016.  She holds a law degree from Trinity College, Cambridge.

Maddy is on secondment as Director General, Vaccines Taskforce at the Department for Business, Energy and Industrial Strategy (BEIS).

Alex Reeves

Director

Alex joined UK Government Investments (formerly the Shareholder Executive) in January 2010, and has worked on a variety of corporate finance and governance projects, including real estate and investment portfolio sales, government investments in the aerospace and steel sectors and inward M&A. He is a Non Executive Director of London & Continental Railways Limited and the Nuclear Decommissioning Authority, and runs UKGI’s NED Forum.

Prior to joining UKGI, Alex spent over ten years in corporate advisory and investment banking roles focused on the financial services sector, most recently in the FIG M&A Team at Jefferies in London. During this time, he advised on and managed a large number of UK and cross-border M&A transactions for UK, European and US clients, with a particular focus on the asset management sector.

Robert Razzell

Chief Financial Officer

Robert Razzell joined UKGI in September 2016. Prior to this, he was head of finance at the London Legacy Development Corporation, the body responsible for the Olympic Park and its legacy, having previously been head of finance at the Olympic Delivery Authority, the entity responsible for delivery of the venues and infrastructure for the London 2012 Olympics.

Before this Robert had spells working in central and local Government, having completed qualifications at PwC.

Susie Timlin

Chief Operating Officer

Susie joined in January 2019 as the Chief Operating Officer. Her role is to ensure that UKGI has effective management, optimal organisational design and the best talent to enable the delivery of an exceptional service. Prior to joining UKGI, Susie worked as Global Director of People and Culture at Hays Talent Solutions, where her role was to build and develop complex international teams, based on-site with clients and at global centres of excellence on every continent. Other roles with Hays included EMEA Sales Director and Head of African Recruitment. Prior to Hays, Susie worked for the Lloyds banking group

Holger Vieten

Director

Holger joined UKGI in May 2018 and is Director of UKGI’s Financial Institutions Group. He has spent over 20 years advising UK and European financial institutions on a broad range of mergers and acquisitions, capital markets and restructuring transactions. Before joining UKGI Holger was an investment banker at Moelis & Company for 8 years and previously at Morgan Stanley for 7 years having started his career at Credit Suisse.

Holger is a Non-Executive Director of Reclaim Fund Ltd and UK Asset Resolution Ltd.

Emily Ashwell

Executive Director

Emily joined UKGI (formerly the Shareholder Executive) in June 2015. She has led the shareholder teams on Channel 4, UK Export Finance, the Nuclear Liabilities Fund and currently sits on the board of Ordnance Survey. Emily joined the Civil Service in August 2013 to launch and lead UKTI Education, a unit jointly established by the Department for Business, Innovation & Skills and UK Trade & Investment to help the UK education sector win business overseas, particularly in relation to high value opportunities. The unit helped UK education and training providers secure £1.5 billion of business in its first two years. Prior to this, Emily spent 13 years in corporate finance, most recently as a Director with Hawkpoint Partners (now Canaccord Genuity) focused on Media & Education. She has a broad range of M&A transaction and corporate advisory experience working for a range of UK and international private, public and charitable companies. Emily holds a PPE degree from Oriel College, Oxford.