Richard Heald | Official Profile on The Marque

Richard’s Biography

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Richard Heald OBE is a highly respected expert in UK-Indian & Asian trade and serves as Executive Chair of the UK India Business Council (UKIBC).

He brings a wealth of experience and an extensive network of contacts to his role at UKIBC, a non-profit membership organisation established to promote trade and business relations between the UK and India. The UKIBC also supports the Department for International Trade (DIT) in working towards a UK-India Free Trade Agreement. In addition, the UKIBC offers its membership and clients consultancy and sector-focused policy advocacy in areas such as the digital economy, infrastructure, sustainable energy, healthcare, and retail.

Richard advises major corporates, trade bodies and governments internationally. He is a non-executive director at logistics company TVS SCS Ltd and is an Advisory Council Member of Essar Oil UK Ltd as well as on the Advisory Board of IndusFace Pvt Ltd, an Indian software company specialising in cybersecurity. He sits on the Panel of Experts at the India-UK Financial Partnership and is a member of the CBI’s International... Richard Heald OBE is a highly respected expert in UK-Indian & Asian trade and serves as Executive Chair of the UK India Business Council (UKIBC).

He brings a wealth of experience and an extensive network of contacts to his role at UKIBC, a non-profit membership organisation established to promote trade and business relations between the UK and India. The UKIBC also supports the Department for International Trade (DIT) in working towards a UK-India Free Trade Agreement. In addition, the UKIBC offers its membership and clients consultancy and sector-focused policy advocacy in areas such as the digital economy, infrastructure, sustainable energy, healthcare, and retail.

Richard advises major corporates, trade bodies and governments internationally. He is a non-executive director at logistics company TVS SCS Ltd and is an Advisory Council Member of Essar Oil UK Ltd as well as on the Advisory Board of IndusFace Pvt Ltd, an Indian software company specialising in cybersecurity. He sits on the Panel of Experts at the India-UK Financial Partnership and is a member of the CBI’s International Trade & Investment Committee and is a DIT Midlands Investment Champion.

His knowledge and interest in blockchain technology led to his appointment as a non-executive director at the Abu Dhabi-based Anglo-Gulf Trade Bank, one of the world’s first global digital banks, from 2017 to 2020.

Before taking up his role at the UKIBC, Richard worked for Rothschild, latterly as Vice Chairman & Partner in South and SE Asia where he advised UK, Asian and Indian companies on capital raisings, M&A and the provision of debt and restructuring. He has over 30 years of experience in international financial markets.

Richard graduated from Exeter College, University of Oxford with a degree in Law.

In 2016 Richard was awarded an OBE for services to economic and trade relations between the UK and India. moreless

Richard’s Newsfeed

Reuters

India-UK free trade pact to boost joint ventures, investments -UKIBC head

Richard Heald, head of the UK India Business Council reported that negotiation teams were working night and day to meet the Diwali deadline of October 24th.

Richard’s Background

UK India Business Council

Executive Chair

Sep 2020 - Present

London, UK

In September 2020 Richard was appointed Executive Chair of The UK India Business Council. The UKIBC brings together its shared knowledge to help establish and grow successful businesses across the UK and India.

UK India Business Council

CEO

Sep 2010 - Sep 2020

London, UK

The UK India Business Council was established in 2008 and works with businesses in both countries to increase and promote bilateral trade. The UKIBC provides UK businesses with the facilities and services needed to succeed in India.

Rothschild & Co

Vice Chairman, India

1994 - 2010

Mumbai, IN

Serving clients worldwide, N M Rothschild & Sons Ltd. was a financial services firm offering wealth and asset management, investment advisory, and merchant banking services.

Rothschild & Co

Multiple Senior Roles

1994 - 2010

Prior to his role as Vice Chairman of Rothschild India, Richard served as Chief Executive of ABN AMRO Rothschild; Partner of Investment Banking; Managing Director of Equity Capital Markets; and Director of Equity Capital Markets.

LCL

Director, Head of Equity Syndicate

1990 - 1994

Lyon, FR

LCL is a French financial services company, the result of a merger in 2005 between Le Crédit Lyonnais and Crédit Agricole.

Hoare Govett

Director, Head of Equity Syndicate

1987 - 1990

London, UK

Hoare Govett is a corporate brokerage, offering corporate finance, banking and investor relations. The brokerage was acquired by Jeffries in 2012.

Midland Bank

Assistant Director, Eurobond Syndication Group

1982 - 1987

Birmingham, UK

Midland Bank was a prominent UK-based bank in the 20th century, having grown to be known as one of the 'Big 4'. Midland Bank was acquired by HSBC in 1992.

Samuel Montagu & Co.

Assistant Director, Eurobond Syndication Group

1982 - 1987

London, UK

Founded by Samuel Montagu in 1853, Samuel Montagu & Co. was a British merchant bank. It became a wholly-owned subsidiary of Midland Bank in 1974.

Brown Shipley

Sterling Dealer

1978 - 1982

London, UK

Brown Shipley is a wealth and investment management private banking company. They offer lending services to institutional, corporate and private clients.

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Richard’s Gallery

Richard Heald OBE at Socio-Economic Platform launch, New Delhi, November 2019.

Richard Heald interviewed by CNBC-TV18 on India's Corporate Tax Cut.

Richard Heald speaking at the Confederation of Indian Industry Summit 2020.

Richard Heald at HCI with Foreign Secretary India.

Richard Heald and Patricia Hewitt at Chair's dinner.

Richard Heald at FICCI UKIBC Sport Integrity.

Current Board Positions

TVS SCS Ltd

Non-Executive Director

Jan 2021 - Present

London, UK

Part of an Indian conglomerate (TVS Group) that focuses on logistics and blockchain technology.

Previous Board Positions

Banco BICE

Board Member

Founded in 1979, Banco BICE is a Chilean bank headquartered in Santiago. As well as traditional banking services, the bank specialises in foreign trade, the financing of investment projects and advisory services.

Anglo-Gulf Trade Bank

Non-Executive Director

2018 - 2020

Abu Dhabi, AE

The Anglo-Gulf Trade Bank is a digital corporate banking platform, rethinking the traditional approach to banking and ensuring a better connected banking network.

Current Advisory Roles

Essar Oil UK

Advisory Council Member

Jul 2021 - Present

Essar Oil UK, is part of Essar Group, an India multinational conglomerate and construction company. Essar Oil UK owns and operates the Stanlow Refinery situated near Liverpool and is a key player in the UK’s oil and chemical industry.

Indusface Pvt Ltd

Member of the Advisory Board

Vadodara, IN

A Tata-owned company focused on the development of cybersecurity in the financial services industry.

India UK Financial Partnership (IUKFP)

Panel of Experts

Jul 2014 - Present

London, UK

India-UK Financial Partnership (IUKFP) was established to encourage collaborations between the financial sectors of India and the UK. The Partnership was created in 2014 by The Chancellor of the Exchequer and the Indian Finance Minister.

The CBI's International Trade and Investment Council

Member

London, UK

Established in 2018, the Council is made up of senior executives from British companies and key foreign investors The Council’s purpose is to agree the CBI’s strategic objectives on trade and investment policy, and to bring businesses together to work with Ministers and officials at the Department for International Trade and across the wider government.

Department for International Trade

Midlands Investment Champion

London, UK

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Media

Interview on CNBC-TV18

Interviewee

Jul 2021

Richard Heald is interviewed by CNBC-TV18 on how will India's move to end retrospective taxation be seen by foreign investors.

UK-India announce 1 billion pound bilateral trade and investment deal; experts decode its impact

Group Designate

May 2020

London, UK

Richard Heald, UKIBC Group Chair Designate, discusses the terms of the new trade agreement between the UK and India.

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Interviews

"India presents a great investment destination to any international business"

Jan 2022

Following the formal launch of talks between India and the UK regarding a Free Trade Agreement, Richard Heald OBE gave a wide-ranging interview to The Economic Times on the opportunities an FTA would bring to both nations.

The Hindu Business Line

Jul 2021

Mumbai, IN

Richard Heald describes the UK-India ETP as a critical stepping stone to enhance trade.

Publications

Special G7 Summit Rapporteur

Author

Jun 2021

Richard wrote an article for an official G7 publication on the UK-India relationship and Prime Minister Modi’s participation at the G7 in June 2021.

There is a huge opportunity to move UK-India economic agenda forward in key areas

Author

Jan 2021

Executive Chair of the UKIBC, Richard Heald, wrote an opinion piece in The Indian Express.

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Awards & Recognition

Queen's Birthday Honours

Order of the British Empire

Dec 2016

London, UK

Richard was awarded the Order of the British Empire for services to UK India trade and economic relations.

100 UK India Most Influential People

Honoree

May 2017

London, UK

Invest India, India's first point of contact for new investment, annually produces a list of business professionals who have made a significant impact on the financial market.