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Ex-Olympics minister takes Camelot chair in board evolution

by Kevin Reed on June 28, 2018

Sir Hugh Robertson takes chairman role, as National Lottery operator Camelot takes another step in beefing up governance and driving a return to growth.

The National Lottery, Camelot

Image credit: chrisdorney / Shutterstock.com

UK National Lottery operator Camelot has reinvigorated its board with major new appointments.

Former Olympics minister Sir Hugh Robertson has been appointed chairman, while Ei group chairman Robert Walker has been named Camelot’s deputy chairman and senior independent director.

Camelot, which is owned by the Ontario Teachers’ Pension Plan (OTPP), said the appointments “further strengthen the governance of Camelot’s board”, and are part of an ongoing governance review process.

OTPP’s Jo Taylor steps down from Camelot’s chair, stating it has been “a pleasure and a privilege” to hold the role. “In Sir Hugh and Robert, we have appointed two individuals of exceptional calibre who will bring extensive commercial and stakeholder experience to further strengthen Camelot’s board,” stated Taylor.

Sir Patrick Brown and Tony Illsley also step down as non-executives at Camelot. The board is expecting to make another non-executive appointment “in the coming months”.

A new CEO, Nigel Railton, was appointed in November 2017 to drive The National Lottery back to growth. Camelot’s lottery ticket sales fell 3.2% in H1 2017/18, compared with the same period a year earlier.

The Public Accounts Committee criticised The National Lottery earlier this year for a fall in the percentage of funds given to charities in 2016/17, compared with 2009/10, despite making a higher profit margin than in the earlier period. Camelot’s licence to operate the lottery expires in 2023.

Sir Hugh stated today that its role in running the lottery “can never be taken for granted”.

He said: “I look forward to working with the current management team, as well as my fellow board colleagues, to further build on the company’s long tradition of commercial innovation – growing National Lottery sales in a socially responsible way – while looking to ensure there is an appropriate policy and regulatory environment which allows The National Lottery to flourish.”

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For thoughtful journalism, expert insights on corporate governance and an extensive library of reports, guides and tools to help boards and directors navigate the complexities of their roles, subscribe to Board Agenda

Camelot, corporate governance, corporate governance reform, National Lottery, Ontario Teachers’ Pension Plan, Robert Walker, Sir Hugh Robertson

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