Event summaries, slides and recordings

Briefing with Oliver Holbourn, CEO, National Wealth Fund

Author WIG Date 18 Jun 2026

Theme(s)

Industrial strategy and growth

Against a backdrop of evolving economic priorities, the National Wealth Fund is expected to play a central role in unlocking investment and supporting delivery in key sectors. For Whitehall Industry Group members, there is particular interest in how the Fund will work across government, industry, finance, academia, and the not-for-profit sector to translate strategic ambition into investable opportunities.

This session will explore how the Fund is aligning with wider policy objectives, how cross-sector collaboration can help overcome delivery barriers, and how organisations can engage more effectively, either through shaping projects, co-investing, or supporting implementation. It will also provide insight into how the Fund is facilitating coordination between public and private actors to accelerate impact and maximise value.

Key points of discussion

  • Supporting long-term growth, productivity, and regional development through coordinated public and private investment
  • Unlocking investment in priority sectors, and the role of cross-sector partnerships in building a credible pipeline
  • Aligning public policy, private capital, and delivery capability, including approaches to partnership, engagement, and risk-sharing

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Event Speakers

Prior to joining the National Wealth Fund, Oliver was CEO of RBS International Holdings, a subsidiary of the NatWest Group, where he was on the Group Executive Committee for over four years. With over 25 years of experience across investment banking, government investments, and strategic leadership, Oliver has deep expertise in managing capital to deliver public value. Previously he served as Chief Executive Officer of UK Financial Investments (UKFI), where he was responsible for managing the government’s shareholdings in RBS, Lloyds and UK Asset Resolution, overseeing complex, high-value shareholdings on behalf of the UK taxpayer. 

Earlier in his career, Oliver spent over a decade at Bank of America, latterly as Managing Director of Equity Capital Markets for the UK, Ireland, and South Africa. His career has been defined by a strong track record in financial leadership, capital markets, and public sector engagement.