DBT departmental board members’ register of declared interests 1 April 2023 to 31 January 2024
Updated 4 October 2024
© Crown copyright 2024
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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.
The 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.
The 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 The 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)