The Marque The Marque

Richard Heald OBE

Chair

UK India Business Council

London, UK


Richard Heald
Rick Haythornthwaite
Invensys plc
Harry Herbert
Highclere Thoroughbred Racing Ltd

Richard Heald’s Biography

Richard Heald OBE is a highly respected expert in UK-Indian & Asian trade and serves as 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...
Richard Heald OBE is a highly respected expert in UK-Indian & Asian trade and serves as 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.
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Richard Heald’s Background

UK India Business Council
Chair
Oct 2022 - Present
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. Richard serves as Chair (part-time) of UKIBC having previously held the roles of Executive Chair and CEO.
 
UK India Business Council
Executive Chair
Sep 2020 - Sep 2022
London, UK
 
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Richard Heald’s Gallery

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.
 
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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 logo Queen's Birthday Honours logo
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.
 

Specialist Courses

Saïd Business School, University of Oxford
Oxford Blockchain Strategy Programme
Oxford, UK
 

Charitable Interests

Exeter College, University of Oxford
Fundraising Committee
Oxford, UK
 

Richard Heald’s Education

University of Oxford
BA Jurisprudence
1975 - 1978

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