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Ex UKAEA Boss Appointed To Crown Estates Board

23rd December 2010

THE CROWN ESTATE REAPPOINTS CHRIS BARTRAM, AND APPOINTS DIPESH SHAH OBE AND ANTHONY WHITE AS NON-EXECUTIVE BOARD MEMBERS

The Crown Estate has announced yesterday, 22 December 2010, the re-appointment of Chris Bartram and the appointment of Dipesh Shah and Anthony White as Non-Executive Board Members.

Chris Bartram, who has held the appointment as Crown Estate Board Member for four years has been reappointed for a further four year term with effect from 1 January 2011. He is Chairman of Orchard Street Investment Management LLP.

Dipesh Shah and Anthony White have also been appointed as Crown Estate Board Members with effect from 1 January 2011 and will replace Martin Moore and Dinah Nichols who stand down from the Board.

Dipesh has an extensive background in business particularly in the renewable energy sector. Since 2009 he has been a Non-Executive member of The Crown Estate's Offshore Energy Supervisory Committee, and currently holds a number of Non-Executive positions including appointments with Thames Water, Lloyd's of London Franchise Board, JKX Oil & Gas Plc, and the EU Marguerite Fund for Infrastructure.

He studied economics at Warwick University, going on to gain a MSC at London University (with distinction) and later attending the programme for management development at Harvard Business School. Recent appointments include: Chief Executive of the United Kingdom Atomic Energy Authority and Chairman of Viridian Group PLC and of HgCapital Renewable Power Partners LLP. Dipesh has also on four occasions been Chairman of the European Photovoltaics (solar) Industry Association. Earlier he was the Chief Executive of several large businesses in the BP Group and Chief Economist of BP Oil UK. From 2003 to 2006, Mr Shah served as Chief Executive of the UK Atomic Energy Authority.

Anthony started his career as a research scientist in the power industry and progressed to enjoy a number of roles in the energy and finance industries. He is an expert in renewable energy and currently holds a number of Non-Executive positions including appointments with the Nuclear Liabilities Financing Assurance Board, the National Renewable Energy Research Centre, Green Energy Options and Standard Chartered Bank's Environment Committee. He is a member of the Advisory Boards of the clean technology funds of Climate Change Capital and Jacob and Co, and sits on Sussex University's Energy Group. He currently runs a consultancy which gives advice on the low carbon economy to a range of different companies.

Anthony studied Physics at Oxford University and went on to take a DPhil in Biophysics. He won a Harkness Scholarship to further his work on energy research in the USA.

The Non-Executive Board Members which together form The Crown Estate's Main Board comprises seven Non-Executive members and one full-time Executive Member.

In welcoming the appointments, Sir Stuart Hampson, Chairman of The Crown Estate, said: "I am delighted that Chris Bartram has been reappointed to the Board of The Crown Estate for a further four year period and that he will be joined by Dipesh Shah and Anthony White. These appointments reflect the importance we place on retaining expertise in the field of commercial property, while also adding to our growing capability in the offshore energy sector.

"Finally, I, along with my fellow Board Members, would like to thank Martin Moore and Dinah Nichols for their wise counsel and significant contribution to the business as Non-Executive Board Members over the past eight years."

On his new appointment, Dipesh Shah said: "I look forward to being able to contribute to the continued success of The Crown Estate's diverse business. The work in which The Crown Estate is currently engaged, particularly on its marine estate, is important not just to developers and The Crown Estate, but to the UK as a whole - helping it to meet its carbon reduction targets, enhance its energy security, and create jobs and investment across the country."

Anthony White said: "I am delighted to be joining The Crown Estate, an organisation which is playing a critical role in facilitating the delivery of renewable energy technologies. The Crown Estate's long-term approach to business and investment is an integral part of its success, an approach guided by principles I strongly believe in - commercialism, integrity and stewardship."

Additional Information
The Crown Estate manages a highly diverse property business valued at 6.6 billion.

We pay all of our surplus revenue (profit) to the Treasury for the benefit of the nation every year: in 2009/10 this was 210.7 million. Over the past ten years The Crown Estate has paid a total of 1.9 billion to the Treasury.

Our objectives, which are laid down by Parliament under the Crown Estate Act 1961, include enhancing the value of the estate and the revenue it produces.

The responsibilities of The Crown Estate are to maintain and enhance the value of the estate and its income over the long term and to do this having regard to good management. In summary, The Crown Estate is a successful business organisation guided by our core values - commercialism, integrity and stewardship.

The Crown Estate manages a diverse property portfolio which includes office, retail and industrial premises; housing; farmland; forestry and minerals; parkland; and around half the foreshore and almost all the seabed around the UK.

The Crown Estate's property comprises four estates: Urban, Marine, Rural and Windsor.

Note
Crown Estates recently granted licenses for companies to begin to extract energy from the Pentland Firth and other areas.

Crown Estate Web Site
http://www.thecrownestate.co.uk/

 

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