UKEF’s former Director of Business Group, Tim Reid, was recently appointed as the new Chief Executive Officer for the group.
Commenting on the same, Kemi Badenoch, Secretary of State for International Trade, said, “I’m pleased to welcome Tim to his new role as CEO of UKEF. Tim brings a wealth of experience and has a proven track record for helping businesses expand internationally. I look forward to working with him to deliver the government’s export strategy—helping businesses to grow, create jobs, and deliver the best of British innovation and quality around the world.”
When interviewed, the newly appointed CEO, Tim Reid, said, “It’s an honour to be appointed CEO of UK Export Finance. UKEF plays a vital role in helping UK businesses open the doors to international trade and remove barriers to exporting through access to government-backed trade finance and insurance. With a strengthened commitment to sustainability and a continued drive to support SMEs across the UK, I look forward to working with our talented team to deliver the government’s ambitions for export growth. Thank you to Samir Parkash for his leadership of the department in the interim.”