UK Financial Investments (UKFI) has appointed Christopher Fox as non-executive director of UK Asset Resolution (UKAR), Bradford & Bingley, and Northern Rock.

In his new role, Fox will be responsible for managing HM Government’s shareholdings in the companies.

Most recently, Fox served as head of UK banks coverage for UBS Investment Bank. He has extensive experience of financial services, having provided capital markets and investment banking advice to a range of financial institutions around the world.

Founded in 2008, UKFI offers investment advisory and support services to the Government of UK. The company manages government shareholdings and investments in banks and financial institutions.