This event is closed. Roundtable with Huw Walters, UK Ministry of Defence Director of Economic Security & Prosperity

Date: Tuesday, June 15, 2021 10:00 am - Monday, June 28, 2021 11:00 am
Duration: 13 Days, 1 Hour

British Embassy

THIS EVENT IS NOW CLOSED TO REGISTRATION.

The British-American Business Association's

Defense, Aerospace, Transportation & Security Committee (DATS)

invites BABA Members to join

Huw Walters, UK Ministry of Defence
Director of Economic Security & Prosperity

for a roundtable presentation on the

UK’s National Security and Investment Bill

The bill will overhaul the UK’s investment security regime and will modernise the government’s powers to investigate and intervene in the case of hostile foreign direct investment. The regime strengthens the government’s ability to intervene in transactions that pose a national security risk, whilst also maintaining the UK’s overall openness to inward investment. It includes mandatory notification requirements of transactions across 17 key sectors of the economy, including “defence” and “dual use.”

As key defence industrial stakeholders working closely with the UK to strengthen our respective investment security regimes and work across an array of defence industrial topics, you may be interested in an in-depth exploration of what this bill entails. Mr. Walters will present on the NSI bill from a defence perspective and open the session for your questions and comments.  

DATE: Tuesday, June 15, 2021

TIME: 10:00 am EDT

Complimentary to members

A video link will be emailed to registered guests.

Huw Walters head shot  

Huw Walters is a Senior Civil Servant in the UK Ministry of Defence (MoD). He was appointed as the Director Prosperity and International Business in May 2016. His responsibilities include leading on MoD’s strategic export campaigns, working to encourage inward investment,  and growing Defence’s contribution to the UK economy. Huw has previously worked in a variety of senior roles within both MoD and the Department for Business Innovation and Skills (BIS).

Within BIS, he led the Aerospace, Marine and Defence teams. He led on the development of Industrial Strategy, establishing the successful Government/industry Aerospace and Defence Growth Partnerships and securing a £2billion investment to create the UK Aerospace Technology Institute (ATI). He was responsible for the negotiation and governance of the Government’s portfolio of loans to support civil aerospace programmes. In addition to sitting on the ATI’s Board, he was a Non-Executive Director and Chair of the Supervisory Board of the European Transonic Wind tunnel based in Cologne.

Immediately before taking on his current role he was head of the Government's Technical and Professional Education Reform Programme with responsibility for the delivery of five new National Colleges (High Speed Rail, Nuclear, Creative & Cultural, Onshore Oil and Gas and Digital) and the development of a new Network of Institutes of Technology. He was also the senior sponsor for the Construction, Engineering Construction and Film Industry Training Boards.

In his earlier career, Huw had a range of roles within the UK Ministry of Defence. He led the MoD’s Business Strategy and Governance team with responsibility for advising Ministers on the running of publicly-owned defence businesses employing over 6,000 staff and sitting as a Non-Executive Director on the Boards of the Defence Science and Technology Laboratory, the UK Hydrographic Office and the Oil and Pipelines Agency. He was Private Secretary to the Vice Chief of Defence Staff and previously led the programme to privatise the Defence Evaluation and Research Agency.

Huw has an MBA from Imperial College, London and a BSc in Psychology from the University of Wales.  He is a Chartered Psychologist and a member of the Institute of Directors.