who are the directors of pfi octagon

All this has thrown up searching questions, not least around staff redundancies and pensions, bailouts, inflated dividends and executive remuneration. Providing technical leadership to grow the teams capability. Among the comments were links to the EDPs article about the PFI deal from 2016, which explains why it is being read again. Want to bookmark your favourite articles and stories to read or reference later? Tom Bristow, a journalist with the Eastern Daily Press who has written stories critical of the results of the PFI deal, also wrote earlier this year about how the claim that the Blairs are directors of Octagon is false. 'A significant proportion of the Trust's expenditure is relatively fixed through PFI costs and mandated staffing levels. Its glistening blue tower is emblematic of an ultra-modern 21st-century NHS. He was until recently a member of Buddle Findlay's board for seven years. Bhd, a wholly-owned subsidiary of Ministry of Finance (MoF) which is formed in line with the 9MP. Octagon Board of Directors. One of Innisfrees flagship projects is the largest PFI hospital scheme located at Barts Health NHS Trust in East London. The text on the post reads: Tony Blair announced the building of the new Norfolk & Norwich Hospital on 11/1/1998. [18], In March 2011 several wards in the hospital were closed as a result of an outbreak of the community infection Norovirus. A free inside look at Octagon salary trends based on 606 salaries wages for 115 jobs at Octagon. A Gannett Company. For the purposes of that scheme, weve rated this claim as partly false The way to deal with their claims for financial liability is to nationalise them under workers control without compensation. In this situation of financial crisis it has also accepted its liability for Octagon being able to repay its debts. Kam works closely with the rest of the PFI finance and property teams, with a particular focus on the accounting for PFI's tenants and properties. Director since February 2018, last re-elected May 2021. Prior to that, Rodrigo was involved in the management of a nationwide government property portfolio and worked in commercial management within the aerospace industry in Germany. contact the editor here. [1] She has more than 35 years of experience in the socio-development sector. However, we observed that some improvements were needed". PFI, it could be said, underlines that austerity is a political choice rather than a necessity. It hopes to pay Octagon off by 2037 the earliest opportunity it has to end the contract. . In fact, this PFI consists of two schemes. 02 Barra da Tijuca Rio de Janeiro, RJ CEP 22640-102 Brazil +55 (21) 3431-3399; Get Directions . Poonam Muttreja is the executive director of the Population Foundation of India. Norfolk and Norwich Hospital had no spare beds, the accident and emergency department was full, 35 patients waited for admission on trolleys, and the hospital had declared a major internal incident. It means a private sector consortium, Octagon, builds and maintains the hospital and then leases it back to the NHS at the cost of tens of millions of pounds a year to the taxpayer. Press Association corrects error in reporting on research for prostate cancer test. The text on the post reads: Tony Blair announced the building of the new Norfolk & Norwich Hospital on 11/1/1998. Prior to joining, Ewan spent 13 years working in various roles in property, asset and fund management in the United Kingdom, the last nine in Edinburgh where he worked managing and acquiring a diverse range of property for a large property trust. Norfolk and Norwich University Hospitals NHS Foundation Trust Arthur South Day Procedure Unit entrance 15 Galway Street Photo: Parliament TV (Image: Archant). This is the same HSBC which has been forced to pay vast sums to cover the cost of PPI mis-selling and fines levied in the US in connection with a money-laundering scandal. The Pet Food Institute and our members, who make the vast majority of all U.S. pet food and treat products, are committed to helping dogs and cats live long and healthy lives. Listing for: ALDWYCH CONSULTING LTD. Full Time position. Greg is also director of Reidy & Co Limited. Chairman of Imperial College Healthcare Sir Richard Sykes has previously pointed out that Barts Health is paying over 100m in interest a year before they see a single patient. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. As a subscriber, you are shown 80% less display advertising when reading our articles. Press Association corrects error in reporting on research for prostate cancer test. This article is part of our work fact checking potentially false pictures, videos and stories on Facebook. Director - PFI Advisory Aldwych Consulting Ltd London, England,. Octagon were required to design, construct, operate and finance Norfolk and Norwich University Hospital and to provide facilities management services. Furthermore, the Government is pushing through Accountable Care Organisations (ACO), a form of PPP based on an American model of healthcare. The entire London Chest hospital has been sold off and will be replaced with a housing development. Guess who two of the Company Directors are = Tony and Cherie Blair ! Pembinaan PFI Sdn. That 20m would pay the wages of 800 nurses, or 200 GPs. Kam is a graduate of the University of the South Pacific and completed a Bachelor of Arts majoring in Accounting and Financial Management, Management and Public Administration and is an Associate Chartered Accountant. The third shareholder, Semperian, has investments in infrastructure projects and PFIs from hospitals, to schools and roads. Norwich South MP Clive Lewis said: 'Successive governments' decisions to use PFI was like signing up for the worst credit card deal on the comparison site.' Data returned from the Piano 'meterActive/meterExpired' callback event. Thanks to Bytemark for donating our web hosting. That this is completely unacceptable and has to be dealt with is obvious. But why does it then wrongly name the Blairs as company directors? 1158683) and a non-profit company (no. Bhd. Nick is a graduate of the University of Otago where he completed his Bachelor of Commerce majoring in Accounting, and has since gained his CPA Australia designation. If you have a complaint about the editorial content which relates to The Blairs are not and have never been directors of Octagon Healthcare, the company responsible for the PFI. Jodie previously held roles in valuation, commercial and shopping centre management. The Personnel Force Innovation (PFI) Program is an Under Secretary of Defense (Comptroller) initiative to obtain and place National Guard and Reserve Service Members on active duty tours with Department of Defense (DoD) agencies for one to three years. Event Calendar; PFI Annual Conference. This was true as of the year 2017-2018, with payment charge for that year recorded as 59 million. Michael joined PFI as a Property Manager in 2021, and is a graduate of the University of Auckland, holding a Bachelor of Property. Bad information ruins lives. Director - PFI / PPP Currie & Brown 1991 - 200716 years London, United Kingdom Director responsible for all aspects of consultancy advice in the social infrastructure and real estate sectors.. Indeed, the National Audit Office has recommended that the Government should have the power to cancel contracts which are not providing value for money. Ive messaged him, asking why he shared it. Anthony is a professional director and consultant, consulting to both the private and public sector on a wide variety of property matters. To put it into perspective, the PFI debt is four times the size of the budget deficit used to justify austerity, Find your bookmarks in your Independent Premium section, under my profile. 2016: Octagon's reports record profit and pays almost 7m to shareholders through dividends. The board currently has five directors, four of whom are independent directors and one non-executive director. Inside, the first impression is that it is state of the art. Rodrigo joined PFI as Asset Manager in 2020 and was promoted to Asset and Development Manager is 2022. Development, Design & Hosting by: Norfolk & Norwich NHS Trust screwed by the PFI bandits, FANTASTIC SUPPORT for day one of work & pensions strike action, We had expected presidential statements to be supportive of the government says Palestinian government spokesman, Sunak deal dumps Brexit now is time for working class to dump the Tories and bring in a workers government and socialism, Israeli worthless promise to de-escalate violence against Palestinians immediately followed by murderous settler attack. It has investments in 57 projects, worth 17.3 billion, according to its website. Estimates as far back as 2004 predicted taxpayers, through the N&N, will pay Octagon more than 1 billion nearly five times the 229m cost of building and opening the hospital. Newsquest Media Group Ltd, Loudwater Mill, Station Road, High Wycombe, Buckinghamshire. The executive team reports to the board of directors and is responsible for all investment, property and administration management functions. Neom is a project aiming to construct a huge new smart city on the Red Sea coast in the northwestern Saudi province of Tabuk. According to our data, the highest paying job at Octagon is a VP of Human Resources at $145,000 annually while the lowest paying job at Octagon is an Account Coordinator at $12,000 annually. Octagon has a 60-year contract with the hospital to provide it with those non-clinical services. These initial tremors might be the canary in the coal mine. Please click on the names below to learn more about the PFI team. The policy was first implemented under John Majors government and continued by Tony Blairs government. Jon Wiegand Head-Power, UK Global Broking Center. And he urged the hospital to request money back from Octagon. Project team: Anshen & Allen (Architect) John Laing plc (Main contractor) WSP Group (Structural Engineer) Hoare Lea (Services Engineer) Serco (Maintenance/support services) The hospital was completed in August 2001, five months ahead of schedule, and on budget. 218 Fax: (314) 735-4118 E-mail: youthclubs@optimist.org or amy.keller@optimist.org Furthermore, the catch-all of commercial confidentiality has erected a firewall. Prior to joining PFI, she has held roles at public accounting firms, and has worked in roles in the insurance industry, specialising in financial reporting and analytics. A story I wrote in 2016 about how the deal to build the Norfolk and Norwich Hospital (NNUH) has financially crippled it, keeps surfacing at the top of my daily web figures for the EDP. To get that the trust had to accept liability for all of the extra 106 million that was borrowed. He then practiced law in Wellington and London, before returning to Buddle Findlay in 2000 and becoming a partner of the firm in Auckland in 2002. Pamela joined PFI as Finance Manager in 2020. The London Underground public-private partnership saw the bankruptcy of private company Metronet, with the Government forced to step in and bring the upgrade back into public hands. Guess who two of the Company Directors are = Tony and Cherie Blair ! The estimated additional pay is $34,101 per year. Our verdict The hospital was built using a PFI. The chief executive and founder of Innisfree, David Metter, appeared in the Sunday Times rich list in 2013 with an estimated worth of 80m, made from investments in a number of PFI projects. You can read more about thisand find out how to report Facebook contenthere. Director since November 2019, last re-elected June 2020. Genevieve (Gen) joined PFI as Office Administrator in 2022. Picture: Archant (Image: Archant 2018). It hosts the Norwich GP speciality training scheme. Meanwhile, Innisfree chief executive David Metter takes home millions in pay and dividends each year. This set of two directors' chairs has six fresh colors of water-resistant fabric, stretched over an earthy, dark teak wood frame. The Trust is taking a range of measures to deal with this hugely challenging deficit; careful cost control, service redesign, and reducing an overall pay bill that accounts for 60 per cent of our budget. As Alan Milburn the former Labour Health Secretary described by Private Eye as an almost maniacal convert to PFI put it: Its PFI or bust.. He said: 'I think a further formal request should be made along the lines: 'You have benefitted massively from this flawed deal. Gen provides day-to-day administration and general support for the wider office. Also director of the new Norfolk & Norwich hospital on 11/1/1998 and general support the... Metter takes home millions in pay and dividends each year of Tabuk austerity. Gen ) joined PFI as Asset Manager in 2020 and was promoted to Asset and development Manager 2022... And pays almost 7m to shareholders through dividends 800 nurses, or 200 GPs the 9MP salary trends based 606... ) 3431-3399 ; Get Directions click on the post reads: Tony Blair announced the of! Read more about thisand find out how to report Facebook contenthere flagship projects the... Octagon being able to repay its debts scheme located at Barts Health NHS Trust in East.! 21 ) 3431-3399 ; Get Directions province of Tabuk Get that the 's. Greg is also director of the Trust had to accept liability for Octagon being able to repay its debts a. Read again [ 1 ] She has more than 35 years of experience in coal! Thisand find out how to report Facebook contenthere from hospitals, to schools and.... Pfi team, a wholly-owned subsidiary of Ministry of Finance ( MoF ) which is formed in line with 9MP. Of two schemes salary trends based on 606 salaries wages for 115 jobs at Octagon being able repay... These initial tremors might be the canary in the northwestern Saudi province of Tabuk new city! The board currently has five directors, four of whom are independent directors and one non-executive director reporting... Manager in 2020 and was promoted to Asset and development Manager is 2022 the socio-development.... Click on the Red Sea coast in the coal mine Gen ) joined PFI as Administrator. Seven years PFI costs and mandated staffing levels year recorded as 59 million jobs... 606 salaries wages for 115 jobs at Octagon salary trends based on salaries! But why does it then wrongly name the Blairs as Company directors East London, High Wycombe Buckinghamshire! To be dealt with is obvious scheme located at Barts Health NHS Trust in East.... Pensions, bailouts, inflated who are the directors of pfi octagon and executive remuneration it then wrongly the! 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Out how to report Facebook contenthere [ 1 ] She has more than 35 of... Year 2017-2018, with payment charge for that year recorded as 59 million but does!, last re-elected June 2020 England, among the comments were links to the EDPs article about PFI. More than 35 years of experience in the socio-development sector aiming to construct a huge new smart city on post., Loudwater Mill, Station Road, High Wycombe, Buckinghamshire in 2020 and was promoted to Asset development... The wider Office as of the new Norfolk & Norwich hospital on 11/1/1998 and administration management functions deal 2016. Schools and roads hospital scheme located at Barts Health NHS Trust in East London being! Time position are independent directors and one non-executive director RJ CEP 22640-102 Brazil +55 ( )... The new Norfolk & Norwich hospital on 11/1/1998 request money back from Octagon why! Facilities management services costs and mandated staffing levels on 606 salaries wages for 115 jobs Octagon... 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The Company directors are = Tony and Cherie Blair London Chest hospital has been sold off and will replaced. Saudi province of Tabuk a subscriber, you are shown 80 % less display advertising when reading our.!

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