UK Export Finance has appointed Edward Prince as its Director of
Large Corporates & International.
Senior Rolls-Royce plc executive Edward Prince has been appointed
as Director of Large Corporates & International at UK Export
Finance (UKEF).
With a £60 billion remit, UKEF is a ministerial government
department operating as the nation's export credit agency. Its
mission is to ensure no viable export fails from a lack of
finance or insurance, doing so sustainably and at no net cost to
the taxpayer.
Mr Prince, who joins UKEF in the new year, will oversee the
directorate responsible for issuing and underwriting the
department's suite of financial products developed to support
British exporters of all sizes, so that they can increase their
orderbooks and grow.
Edward's remit includes the department's network of 23 overseas
Country Heads too, who are based in countries around the world to
seek out new trade opportunities for exporters. The appointment
also sees him take up the role of Co-Head of Business Group to
help drive through ambitious targets set as part of the
department's new 2024-2029 Business
Plan.
UKEF CEO Tim Reid, said:
I'm thrilled to welcome Edward to UKEF, where he will play an
important role in helping us deliver our business plan and drive
growth across the UK. With the support of our team, UKEF
continues working to create positive impact by unlocking major
investments, backing the energy transition and supporting new
trading opportunities with developing markets.
At Rolls-Royce plc, Edward held a number of senior roles during
his tenure, including Director - Corporate Finance, Group
Treasurer and more recently as the Managing Director and Group
Head of Corporate Finance.
Prior to this, Edward also worked with leading banks, such as DBS
Bank, Barclays and Goldman Sachs.
Edward Prince added:
I'm delighted to be appointed Co-Head of the Business Group and
Director for Large Corporates & International at UK Export
Finance. I'm excited to build on the vital role that UKEF plays
in helping UK businesses trade internationally, ensuring our
world-leading exporters get access to finance, fulfil orders and
get paid.
I'm particularly excited to be ensuring that UKEF's presence and
impact is felt globally, working with experts across government
in supporting the drive to net zero as we deliver UKEF's
ambitious Business Plan.