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This list sets out declared interests of executive and non-executive members who served on the Department for Business and Trade’s board in the 2023 to 2024 financial year.�Ministers� interests are published separately by the Cabinet Office.

Departmental board members are asked to declare any personal, business or related party interests that may, or may be perceived by a reasonable member of the public to, influence their judgements in performing their obligations to the department.

»Ê¹ÚÌåÓýapp purpose of this list is to meet the requirements of section 6.4.3(e) of the Government Financial Reporting Manual: 2023 to 2024 and paragraph 4.15 of the Corporate governance code for central government departments 2017.

»Ê¹ÚÌåÓýapp list is categorised into:

• company directorships and other significant interests
• financial interests
• non-financial interests
• related party interests
• miscellaneous

Non-executive board members

Stephen Hill OBE

Company directorships and other significant interests:

• Non-Executive Member of the Main Board of the Royal Air Force

Karina McTeague

Company directorships and other significant interests:

• Non-Executive Director of True Potential Group Limited (remunerated)
• shareholder of Lloyds Banking Group derived from share options as an employee before departed in 2013

Non-financial interests:

• member of the Economy and Enterprise Committee of the Royal Society of Edinburgh (Scotland’s national academy). (non-remunerated)

Robert Leeming

Related party interests:

• wife is an art consultant (Christie and Leeming)
• brother runs a company called the Master Herbalist

Company directorships and other significant interests:

• director of a small family company
• partner at Foundation Investments, an investment firm, and do not sit on the board of any portfolio companies

Peter Fleet

 Company directorships and other significant interests:

• director of Retail Automotive Alliance Limited
• director of Advanced Electric Machines Group Ltd
• director of Incorporated Society of British Advertisers Limited (resigned 27 February 2004)

Lord Kamall

Company directorships and other significant interests:

• Professor of Politics and International Relations, St Mary’s University
• member, Advisory Board, Acton Institute’s Collins Center for Abrahamic Heritage
• Academic Fellow, Institute of Economic Affairs
• Research Consultant, Politeia

Non-financial interests:

• member, Advisory Board, Startup Coalition (making policy in UK better for tech startups and scaleups)
• Visiting Fellow, Leeds University Business School
• co-founder and member of Advisory Board, Islam & Liberty Network
• adviser, Kitchen Table Charities Trust
• captain, Conservative Party Kiva Lending Team
• member, Academic Advisory Council, Institute of Economic Affairs

Sir Stephen O’Brien

Company directorships and other significant interests:

• Non-Executive Chairman, Motability Operations Group PLC
• Non-Executive Vice-Chairman, Savannah Energy PLC

Non-financial interests:

• Advisory Council, Coalition for Global Prosperity
• Non-Executive Chair, Innovative Vector Control Consortium (malaria and neglected tropical diseases) (resigned 8 December 2022)
• Non-Executive Director, Friends of »Ê¹ÚÌåÓýapp Global Fund Europe
• Mentor Adviser to Hala Systems, Inc

Executive members

Gareth Davies CB

Related party interests:

• wife, Emma Loxton, is a partner at McKinsey in the UK Travel, Transport and Logistics practice
• close friend, Miles Celic, is the CEO of CityUK, a DBT stakeholder

 Non-financial interests:

• trustee of the Heywood Foundation (non-remunerated)
• trustee of the Chris Martin Foundation Trust (non-remunerated)

Crawford Falconer KCMG

No interests declared.

Bidesh Sarkar CBE

All financial interests declared and managed in line with Cabinet Office guidance.

Related party interests:

• brother is founder and Group Chief Executive of Salary Finance, a savings and lending business

Tara Smith

Non-financial interests:

• member of the Board of Governors, Leeds Trinity University. (non-remunerated)