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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 and 2024 to 2025 financial years. 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: 2023-24 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 (until 12 August 2024)

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 board member of True Potential Group Limited (remunerated)

• shareholder of Lloyds Banking Group derived from share options as an employee before departed in 2013

• member of Board of Fidelis Underwriting Limited (from 13 August 2024) (remunerated)

  Non-financial interests:

• member of the Economy and Enterprise Committee of the Royal Society of Edinburgh (Scotland’s National Academy) (non-remunerated)

Robert Leeming (until 12 August 2024)

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

• board member of Miexact, legal entity Information Services bidco (from January 2024)

Peter Fleet (until 12 August 2024)

� Company directorships and other significant interests:

• director of Retail Automotive Alliance Limited

• director of Advanced Electric Machines Group Ltd

• advisor to Winner Imports (Ukraine) Limited 

• non-executive director, Clipper Holdings (Hong Kong) Limited 

Lord Kamall (until 12 August 2024)

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

• Research Consultant, Politeia

• Academic Consultant, Institute of Economic Affairs (from March 2024)

  Non-financial interests:

• member, Advisory Board, Startup Coalition (making policy in UK better for tech startups and scaleups)

• 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

• trustee, Intergenerational England

Sir Stephen O’Brien (until 12 August 2024) 

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 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)