Gren replaced Gordon Horsfield as Chairman of Partnerships UK in January 2010.

Gren Folwell’s career spans both the public and private sectors. He was Director of Finance of the London Borough of Bexley and City Treasurer of Sheffield MDC before joining the Halifax as Treasurer in 1986. Gren served on the Halifax Board from 1989 as Group Finance Director and, following its flotation and merger with the Leeds Permanent in 1995, became Managing Director and subsequently Deputy Group Chief Executive.

He is currently also a Non-Executive Director of SSP Ltd.


Michael took up the role of Chief Executive following the 2009 Pre-Budget Report, at which it was announced that James Stewart would be taking up the role as Chief Executive of Infrastructure UK, on secondment from PUK. Michael Gerrard became a director of Partnerships UK in 2000 and Deputy CEO in 2002. Previously he was a director of the Treasury Taskforce which he joined in 1998, becoming head of its Projects Team in 1999. Prior to joining the Treasury Taskforce, he held senior project finance positions in several large energy and infrastructure projects in the UK, Middle East and Asia. This followed an earlier career with Morgan Grenfell in project finance and BP in engineering.


James held the position of Chief Executive of Partnerships UK from May 2000 to December 2009. He has now taken up the role as Chief Executive of Infrastructure UK, on secondment from Partnerships UK.

James is a Non-Executive Director of Partnerships for Schools and Sport England and he acts as an independent member of the Crossrail Sponsor Board.

Previously, James was Head of Newcourt Capital’s project finance team in London. Prior to joining Newcourt Capital, he was Managing Director of Project Finance and the Global Head of Infrastructure and Environment with Société Générale (SG) in London.


Andrew Rose joined the board of Partnerships UK plc in February 2005 following a seventeen year career at Canadian Imperial Bank of Commerce (CIBC). At CIBC, Andrew was most recently a Managing Director, Investment Banking responsible for the Bank’s Infrastructure team in London from 1997 until 2004.

At PUK, Andrew ran the Projects business from 2006 to 2009. This business focused on supporting Government Departments and procuring Authorities on complex procurements. Andrew was heavily involved in the FSTA and M25 PFI transactions.

Andrew is currently on secondment at HMT where he is Head of the Infrastructure Finance Unit. This is a Unit established in March 2009 to provide finance for vital infrastructure projects where private finance is not available on acceptable terms.


Christina joined PUK in May 2006. She is head of PUK’s venture investment and commercialisation activities; she also sits on the Investment Committee of Building Schools for the Future Investments LLP.

Prior to joining PUK, Christina was a senior director in the Shareholder Executive, an organisation created in 2003 to improve the government's performance as a shareholder in public owned enterprises. In particular, she was responsible for the shareholdings in Royal Mail, Partnerships UK and Actis. Christina is a former director of 3i plc and has extensive experience in venture capital investment and portfolio management. She is a non-executive director of several early stage businesses and sits on the investors’ advisory boards of Imperial Innovations Group and the London Technology Fund.

Prior to joining, Craig, a finance professional with over 12 years experience of working at board level in a number of companies, spent 9 years at Thames Water, most recently as Managing Director of its Commercial Business in the UK and Ireland. In this role he had accountability for all of Thames’ PFI and PPP contracts and investments throughout the UK and Ireland. Previously, Craig had been Finance Director of Thames’ Regulated Business (Thames Water Utilities Ltd) post the acquisition of Thames Water by RWE ( a German utility Company).

Prior to joining Thames Water, Craig held a number of finance positions within Unisys (an American computer company) for 9 years and British Gas for 3 years.

Craig is a member of the Unitary Board of Partnerships for Schools.


James Ballingall was appointed Head of Legal at Partnerships UK on 21st April 2003 and Company Secretary to Partnerships UK on 19th May 2003. Prior to this, James was a Partner at Theodore Goddard Solicitors (now Addleshaw Goddard) where he led the projects and structured finance and rail teams and chaired the Strategy Committee. At PUK, James is responsible for all corporate legal matters, organises legal support for the different PUK groups and their sector work, and leads the guidance and standardisation initiative.

While at Theodore Goddard, James advised contractors, lenders, bidders and service providers on a range of PFI and PPP projects covering education, health, MOD, prisons and other sectors. He also provided legal input to the National Audit Office on a number of their PFI reviews. Prior to this, he was involved in a number of bids arising out of the BR privatisation and advised on structured finance transactions over a broad field concentrating in particular on transportation.


A chartered civil engineer with 40 years experience in the engineering and construction industry, David has an extensive and wide-ranging background in PFI and PPP projects.

Now retired from full-time employment, David’s last executive role was as a member of the WS Atkins plc Group Executive Board, responsible for the company’s PFI and PPP project developments and also for its Facilities Management business. He has since held non-executive directorships of Lambert Smith Hampton plc, a commercial property consultancy and Driver Group plc, an AIM-listed consultancy specialising in dispute resolution. Since October 2004, he has been a non-executive Director of Partnerships UK plc, a Public-Private Partnership which is 49% owned by the Government. He has recently been appointed a non-executive Board member of the Taunton and Somerset NHS Foundation Trust and also East Anglian Student Tenancies Ltd, a company in the student housing market.

Prior to joining Atkins, David had a wide-ranging career in engineering and construction in the UK and overseas including 20 years with the Balfour Beatty Group and a period with the Biwater Group before heading up a venture-capital backed consultancy business which he sold to Atkins in 1994.

He was for several years Chairman of the Business Services Association PFI Committee and has been a regular speaker at industry forums and conferences both in the UK and abroad, providing an informed perspective on PFI and PPP projects. He also helped to produce the "Constructors Key Guide to the Private Finance Initiative".

During his time at Atkins, David was involved in some of the most significant PFI/PPP projects undertaken to date, including hospitals, schools, roads, prisons, the London Underground PPP Project and the £550m Colchester Garrison PFI project. David has acted as a Director of all of the Special Purpose companies leading these projects and was at some time Chairman of most of them.


Claudia Arney is currently Group Managing Director, Public Sector and Media, at Emap Inform, a privately owned publishing business whose titles include Local Government Chronicle, Health Services Journal, Nursing Times and Broadcast.

Claudia was Director of the Enterprise and Growth Unit at HM Treasury from 2006-2008 where she was responsible for many of the policy issues which affect business including; competition, regulation, productivity, as well BERR and DIUS spending issues. She was also responsible for HM Treasury policy on PPP and PFI.

Claudia has previously worked at Goldman Sachs as an Executive Director (2001 – 2006) in the Equities and Research divisions. She has also worked at as Managing Director (1999- 2000), as Head of Product Development (1998 – 1999), Pearson plc as Strategy and Development Executive (1994- 1998), and McKinsey & Company as a Business Analyst (1992 – 1994).

Claudia has a BA in English Literature from Oxford University (1989 – 1992), and an MBA from INSEAD (1996- 1997)


Andy Friend is a Non-Executive Director of FSA (UK) Ltd, a Trustee of Oxfam and a Strategic Adviser to Infrastructure India plc. He has recently joined the boards of the Department of Transport and of HS2 as a non-executive director.

Between 1999 and 2006 he worked for John Laing Plc -as respectively Managing Director Investments and Group Chief Executive - where he was responsible for restructuring the company as a leading listed specialist infrastructure investor.

Between 1997 and 1999 he worked as an Associate Director at Macquarie in London and prior to that was Chief Executive Officer of the City of Melbourne, Australia. His earlier career was spent at the Greater London Council and working for a wide range of community and voluntary sector groups.

Andy has had experience of working across the private sector and with governments at all levels.


Peter has been Director of the Enterprise and Growth Unit at HM Treasury since February 2008. He has overall responsibility in the Treasury for many of the policy issues which impact business and the spending programmes of the Department of Business, Enterprise and Regulatory Reform, the Department of Business Innovation and Skills and the Department for Transport. He is also responsible for policy on public-private partnerships and the remaining state-owned industries.

Prior to that, Peter spent four years as a Director in the Shareholder Executive, where he led on the shareholder interests in MOD Trading Funds, QinetiQ, Royal Mint, NATS and Northern Ireland Water, as well as Partnerships UK.

Between 2002 and 2004, Peter was seconded from the Treasury to 3i Group plc, where he worked with the London Buy-Out Team – a team of 25 professionals focusing on large management buyouts.

Between 1991 and 2002, Peter worked for HM Treasury in a variety of roles including Private Secretary to the Chief Secretary and leading the Public Enterprise Partnerships team. This included work on the PPPs for London Underground and National Air Traffic Services (NATS) and the privatisation of British Energy.


Stephen Lovegrove is one of the two HM Treasury nominees on the Board. He has been the Chief Executive of the Shareholder Executive since June 2007, where he is responsible for the overall lead on portfolio businesses, strategy and delivery of the business plan. The Shareholder Executive was formed in 2003 to provide oversight of the Government’s remaining businesses and stakes including the Royal Mail, British Energy, British Waterways, the Royal Mint, the Met Office, Channel 4 and over twenty others.

Previously, he spent ten years at Deutsche Bank, where he was the head of the European media team. During that time Stephen worked on a wide range of capital raisings, acquisitions and divestments in all the sub-sectors of the media industry. Before that, he spent five years as a strategic consultant.

He sits as Government’s representative on the board of the London Organising Committee of the Olympic Games (LOCOG).