Stephen Lovegrove
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Stephen Lovegrove was appointed Permanent Secretary for the Department of Energy and Climate Change (DECC) in February 2013.
Contents
Background
According to Lovegrove's government biography:
- Prior to DECC, he spent 9 years at the Shareholder Executive and was appointed Chief Executive in June 2007. Before that he spent ten years at Deutsche Bank, where he was the head of the European media team working on a wide range of capital raisings, acquisitions and divestments in all the sub-sectors of the media industry. Before the City, Stephen spent five years as a strategic consultant.
- Stephen also sat on the board of The London Organising Committee of the Olympic Games and Paralympic Games and is a Trustee of the Charities Aid Foundation. [1]
Nuclear activities
Helping to secure investment
Energy and Climate Change Secretary of State, Edward Davey, said of Lovegrove's appointment:
- This is an excellent appointment. Stephen’s proven commercial experience will be an invaluable addition to the Department’s capability. We need to attract billions in private sector investment to build new power stations and to upgrade the energy efficiency of the nation’s homes. Stephen and I worked together for nearly two years when I was a Minister at BIS, not least on the reform of Royal Mail, so I know he will be a huge asset to DECC. [2]
Nuclear negotiator
Lovegrove worked alongside HM Treasury Commercial Secretary Paul Deighton in the ongoing negotiations with French nuclear firm EDF to reach a "strike price" agreement for a new nuclear power station at Hinkley Point, Somerset. [3]
Hospitality received
- 03/04/2013 Credit Suisse - Business lunch
- 30/04/2013 Rothschild - Business breakfast
- 12/06/2013 SSE - Business reception
CV
- 1966 Born in Warwickshire
- 1989 Awarded an English degree from Corpus Christi, Oxford
- 1990 Joins media industry consultancy Hydra Associates
- 1994 Moves to Deutsche Morgan Grenfell to work as an investment banker
- 2004 Recruited by Shareholder Executive, becoming chief executive in 2007; joins board of Locog and British Nuclear Fuels Ltd, and oversees sale of British Energy to EDF
- 2013 Made permanent secretary, DECC
Affiliations
Resources
- Matt Ross, Interview: Stephen Lovegrove, CivilService World, 1 May, 2013
Notes
- ↑ Permanent Secretary Stephen Lovegrove, gov.uk, acc 14 October 2013
- ↑ Press Release: New Permanent Secretary at DECC, Department of Energy & Climate Change, 7 January 2013
- ↑ Kamal Ahmed, Emily Gosden, Olympics chief Lord Deighton to bring nuclear power stations to Britain, The Telegraph, 06 Apr 2013 9:30PM BST, acc 15 August 2013
- ↑ Matt Ross, Interview: Stephen Lovegrove, CivilService World, 1 May, 2013, acc 14 October 2013
