Appointment of Three Members to the Board of the Scottish National Investment Bank

The Cabinet Secretary for Economy, Tourism and Transport is seeking to appoint up to three new non-executive members to the board of the Scottish National Investment Bank. Scottish Ministers particularly welcome applications from women, disabled people, LGBT+ people, people from ethnic minority communities and people aged under 50. If you have a disability and require an adjustment at any stage of the public appointments process, please get in touch with the Public Appointments Team by email at public.appointments@gov.scot.

THE SCOTTISH NATIONAL INVESTMENT BANK

The Scottish National Investment Bank ('the Bank') is Scotland’s development investment bank, established to catalyse a prosperous, more sustainable and more innovative economy. The Bank invests debt and equity in businesses, projects and funds, with a portfolio of impactful, mission‑focused investments that address some of Scotland’s most significant long‑term challenges. As a mission‑driven impact investor, the Bank provides patient, long‑term capital to support transformational change. The Bank is operationally independent from government and invests on commercial terms. Its objective is to generate financial returns alongside measurable economic, environmental and social impact.

THE BOARD

The board sets the strategy for the Bank’s group of companies and its risk appetite. It also aims to promote the Bank’s long‑term, sustainable success, within an effective framework of controls and corporate governance. Accountable to the Scottish Ministers – the Bank’s sole shareholder – the board provides leadership, direction and guidance to drive the delivery of the Bank’s missions.

ROLE CRITERIA

Skills Applications are sought from those who can demonstrate evidence of their skills/experience and which would fill at least one of the following board roles:

• Risk and Audit Committee Member
• Remuneration and Nominations Committee Member
• Investment Oversight and Valuations Committee Member

All applicants would be expected to demonstrate evidence of all of the following:

• Strategy Leadership and Governance
• Risk and performance evaluation
• Economic development
• Ability to demonstrate the Bank’s values – Purpose, Passion and People

Desirable criteria are outlined in the Applicant Information Pack.

REMUNERATION AND TIME COMMITMENT

These positions attract a remuneration rate of £850.00 per day on a pro‑rated basis, up to a maximum total fee of £21,250 per year (non‑pensionable) plus reasonable expenses. Please note remuneration is currently under review. The time commitment is an average of 25 days per year. Appointment will be for three or four years.

For reasonable adjustments at any stage of the appointments process or further support with your application, please contact the Public Appointments Team by email at public.appointments@gov.scot. Public appointments are made by Scottish ministers. The appointments process is regulated by the Ethical Standards Commissioner. For more information, please visit the Public Appointments page and the Ethical Standards Commissioner page.