Press Releases

Peter Fanning appointed Deputy Chief Executive of OGC

Peter Fanning, the interim Director of the London Regional Centre for Procurement Excellence, hosted by the Association of London Government and a former Managing Director of IPF Ltd, is to be the new Deputy Chief Executive at the Office of Government Commerce.

Peter (47) will take up his post on Monday September 13th.

He will work with OGC's Chief Executive John Oughton who is currently implementing the Government's efficiency programme.

After attending the University of Birmingham where he gained degrees in Pure Maths (1979) and Operational Research (1981), Peter has had a varied career including significant periods of work in both public and private sectors. He started his career with the Norcros Group as a Management Trainee in their finance department and in 1981 he joined the Operational Research Group of Cadbury Schweppes where he worked on projects including the Cream Egg production line and the forecasting for Schweppes drinks production.

Peter joined the Operational Research Group of the NatWest Bank in 1983 and worked on a range of projects ending as a Director of NatWest Capital Markets, part of the banking group's investment banking business, NatWest Markets.

Peter joined the Public Private Partnership Programme (4Ps) as Chief Executive in 1997 and in 2001 took on the additional role of acting Associate Director (Procurement) of the Improvement and Development Agency (IDeA). He joined IPF in 2001 as Managing Director.

He is a non-executive director of Hyde Housing Group and the Coalfields Regeneration Trust.

Commenting on his appointment, OGC Chief Executive John Oughton said:

"Peter is joining OGC at a very important time. Not only has OGC's remit been extended to include the wider public sector, but we are also tasked with implementing both the Government efficiency programme, and delivering an enhanced package of value for money gains within three years."

"Peter's knowledge of the private sector and his background in both banking and procurement will be invaluable in helping us achieve our goals."

Peter Fanning said:

"I am delighted to be joining John Oughton's team at OGC at such an exciting time in the evolution of public services. I hope that my varied experience will enable me to support colleagues as they strive to improve services to the public through better procurement and more efficient operations."

Notes to Editors

The Office of Government Commerce (OGC), working with departments and the wider public sector, will play a key role in delivering efficiency improvements. OGC is an independent office of HM Treasury. It works as a catalyst to achieve best value for money in commercial activities. Against an initial target of £1 billion, OGC achieved Value for Money (VFM) gains of £1.6 billion up to March 2003.

Between 2003/04 and 2005/06 its target is to deliver £3 billion VFM gains in central civil government procurement. A new target was set for the Spending Review 2004 period to deliver a further £3 billion VFM saving by 2007/08 in central government civil procurement through improvement in the success rate of programmes and projects and through other commercial initiatives.