The Scottish Government has today published its statutory first 5-year review of the Bank’s performance, conducted by Sir John Elvidge.
You can read the review and the Cabinet Secretary’s response here:
Willie Watt, chair of the Scottish National Investment Bank, said:
“We welcome this review and are grateful to Sir John Elvidge for the rigour, insight and care with which it was conducted, including the extensive engagement with stakeholders across the market. My thanks also go to everyone who took the time to contribute their views and experiences.
“The review recognises the scale of what has been achieved since the Bank was established. Over the past five years, we have built a new institution in a period marked by significant economic uncertainty and change, while remaining focused on delivering long-term impact for Scotland.
“Importantly, the review not only reflects on our progress to date but also provides thoughtful recommendations to help shape the Bank's future development. We are encouraged that many of its themes align closely with the direction set out in our recently published Investment Strategy and Business Plan.
“While strong progress has been made, we recognise that there is more to do. We are committed to learning from the review, building on our strengths and continuing to evolve as an institution delivering lasting economic and social impact for Scotland.”
