ShEx gets new exec director

Michael Bow
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THE SHAREHOLDER executive (ShEx), the body responsible for managing the state’s business stakes, yesterday confirmed the appointment of former Nomura managing director Paul Norris as executive director.

Norris, formerly head of Nomura’s global markets research unit, joined the outfit on 2 September with oversight for a variety of projects run by the organisation, a government spokesman said yesterday.

The appointment, first reported by Financial News, follows the appointment of a new chief executive at the organisation in January.

ShEx is responsible for managing stakes in 20 companies such as Royal Mail and the Eurostar.