Monday 13 July 2009

UKFI annual report

Is available here, Pesto has blogged about it here. Interesting comment about John Kingman's pay -
Perhaps the most striking disclosure in the report is that the annual remuneration of UKFI's chief executive, John Kingman, is £143,000.
Of course, that's a lot of money by almost all standards - but not, of course, by the standards of those he employs to run Royal Bank and Lloyds.
Their annual remuneration, including incentives, is as much as 20 times as great.
It's also about half as much as the remuneration of some local authority chief executives.

It's going to be quite a bit less than the salary of your typical chief investment officer at a fund manager too, innit?

No comments: