who are the directors of pfi octagon
who are the directors of pfi octagon
Among the comments were links to the EDPs article about the PFI deal from 2016, which explains why it is being read again. Anthony is a professional director and consultant, consulting to both the private and public sector on a wide variety of property matters. PFIs are complex, financial instruments and the answers to how they might be brought to heel or cancelled need to be carefully thought out. It hosts the Norwich GP speciality training scheme. Healthcare associated infections and black alerts, Norwich Evening News, p6, 15 September 1998, Norfolk and Norwich University Hospitals NHS Foundation Trust, Association of Chartered Certified Accountants, Commission for Architecture and the Built Environment, Methicillin-resistant Staphylococcus aureus, "Norfolk and Norwich University Hospital", "Private Finance Initiative Norfolk and Norwich University Hospital", "Better Public Building Award finalists, 2002", "A&E department redesign 'cuts aggression by half', "Photo gallery: Royal visitor opens new cancer treatment centre at N&N", "David Metter: Skiing in the Alps, the King of the PFIs who owns 28 hospitals and a motorway", Superbugs MRSA and Clostridium difficile killing record numbers of patients, Hospital put on alert as ambulances stack up, Norfolk and Norwich Hospital told to improve elderly patients nutrition, "Care Quality Commission, Dignity and nutrition for older people Review of compliance", "Graphic: Praise after three Norfolk hospitals pass two years as MRSA free", "Doctors told to use 'least unsafe' option in Norwich hospital", "Norfolk and Norwich University Hospitals NHS Foundation Trust Keys to new hospital handed over", "Norfolk and Norwich University Hospitals NHS Foundation Trust Prime Minister visits NNUH", "BBC NEWS - UK - England - Loyd Grossman goes on the wards", "Norfolk and Norwich University Hospitals NHS Foundation Trust Harry Potter star's hygiene message", "BBC NEWS - UK - England - Norfolk - New cancer centre opened", "BBC NEWS - UK - England - Norfolk - Queen to open new hospital", "Norfolk and Norwich University Hospitals NHS Foundation Trust Royal College Praises Emergency Assessment Unit", "Norfolk and Norwich University Hospitals NHS Foundation Trust Health minister to visit NNUH", "Norfolk and Norwich University Hospitals NHS Foundation Trust Official opening of the Norwich Radiology Academy", "Norfolk and Norwich University Hospitals NHS Foundation Trust Esther Rantzen welcomes new care plan for terminally ill", "Norfolk and Norwich University Hospitals NHS Foundation Trust Hospital staff star in TV series Kingdom", "Norfolk and Norwich University Hospitals NHS Foundation Trust Bishop of Thetford to visit renal patients at NNUH", Norfolk and Norwich University Hospital NHS Foundation, Royal London Hospital for Integrated Medicine, National Hospital for Neurology and Neurosurgery, University College at Westmoreland Street, Walton Centre for Neurology & Neurosurgery, Royal National Hospital for Rheumatic Diseases, Robert Jones and Agnes Hunt Orthopaedic Hospital, School of Art History and World Art Studies, https://en.wikipedia.org/w/index.php?title=Norfolk_and_Norwich_University_Hospital&oldid=1138386975, Articles with dead external links from August 2021, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, Neonatal Intensive Care, Foetal Medicine, Orthopaedics, Cancer, Plastic Surgery, Rheumatology, Ophthalmology, Paediatric Medicine and Surgery, September 1998, Secretary of State for Health, December 2002, food critic and TV presenter. [6], It is one of a small number of Accident and Emergency departments to benefit from Pearson Lloyd's redesign - 'A Better A&E' - which reduced aggression against hospital staff by 50 per cent. 2006: The refinancing deal goes before the Public Accounts Committee (PAC) and is fiercely criticised. Before joining PFI, she worked with the MacArthur Foundation as Country Director where she was responsible for the Foundation's grants in India. In 1997 it appeared to be New Labours magical solution to chronic underinvestment in public services in the wake of Thatcherism. Chief executive and founder of Innisfree David Metter which is the joint biggest shareholder in Octagon. Photo: Parliament TV. (712) 458-2001. 'When it was first proposed, Frank Dobson (the then health secretary) told us it was signed, sealed, delivered. If we're gonna do that though, there's a risk of . The Blairs are not and have never been directors of Octagon Healthcare, the company responsible for the PFI. Posted on January 29, 2018 The Pet Food Institute (PFI), the voice of dog and cat food makers and whose members make 98 percent of U.S. pet food and treat products, today announced that Dana L. Brooks will assume of the role of president and chief executive officer. Prior to joining PFI, Savanna worked as a commercial property manager looking after diverse range of industrial, retail and office properties. Full Fact is a registered charity (no. Norwich and Norfolk University Hospitals Foundation Trust pays Octagon for use of the hospital and some maintenance fees. Bad information ruins lives. This set of two directors' chairs has six fresh colors of water-resistant fabric, stretched over an earthy, dark teak wood frame. On the contrary, the Naylor Review a report recommending the disposal of NHS land and assets to generate investment is rehabilitating PPP. Ive messaged him, asking why he shared it. [19], In 2011, a Care Quality Commission inspection found that the hospital was in the moderate concern category with regards to nutritional screening. [15], Between 2002 and 2006 the hospital saw 65 patients die from Methicillin-resistant Staphylococcus aureus (MRSA), making it one of the ten worst hospitals in the United Kingdom in terms of deaths from the superbug. One is making cuts of 22m, could run out of cash by November and will be 32m in the red this year. That 20m would pay the wages of 800 nurses, or 200 GPs. It is important that we continue to promote these adverts as our local businesses need as much support as possible during these challenging times. Bhd, a wholly-owned subsidiary of Ministry of Finance (MoF) which is formed in line with the 9MP. In addition to his Managing Director role, Dean was also a director of the public policy think tank The New Zealand Initiative and its predecessor the New Zealand Business Roundtable from 2011 to 2015. Jodie joined PFI as Property Manager in 2012and was promoted to Asset Manager in 2020. [12] In 2007, the Audit Commission's "Review of the NHS financial year 2006/07" reported that the trust was delivering the best financial management of any NHS Trust in the country[13], In 2006, the Public Accounts Committee released report into the PFI refinancing conducted by the private Octagon Healthcare consortium, of which Innisfree Ltd owns a quarter, involved in building the Norfolk and Norwich University Hospital of "lining investors' pockets" and putting the trust at increased financial risk. Yet there is also an aesthetic and functional brutalism with labyrinthine corridors and sunless, windowless rooms. The hospital estimates the deal is costing it an extra 20m a year than a non-PFI deal. 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. All accounts receivable matters are being handled by Timothy Low in her absence. This is to boot the PFI robbers out of the NHS, along with the rest of the private sector. Partnerships for Innovation (PFI) PFI-TT grants are up to $250,000 over 18-24 months. contact the editor here. As a subscriber, you are shown 80% less display advertising when reading our articles. Greg is also director of Reidy & Co Limited. Sue enough, the big four accountancy firms, EY, KPMG, Deloitte and PwC, were present at the inception of PFI. The Norfolk and Norwich University Hospital was also highly commended in the Commission for Architecture and the Built Environment Prime Minister's Better Public Building Award in 2002. The way to do this is for all health workers to demand that their unions stop all the job and bed cuts and the ward and hospital closures with industrial action to bring down the Blair government, the sponsor and protector of the PFI and private sector bandits. The N&N is about 3pc of its portfolio. 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. For Professional Investors only. These adverts enable local businesses to get in front of their target audience the local community. Rodrigo joined PFI as Asset Manager in 2020 and was promoted to Asset and Development Manager is 2022. That includes 20.7m in operating expenses and 29m in non-operating expenses the lease, interest and financing the debt to Octagon. Octagon were required to design, construct, operate and finance Norfolk and Norwich University Hospital and to provide facilities management services. Picture: Archant (Image: Archant 2018). If you are dissatisfied with the response provided you can The Norfolk and Norwich University Hospital. 'The refinancing will release significant resources for the NHS in central Norfolk,' said a press release from the N&N at the time. Mohammed bin Salman, Crown Prince and Chairman of the Neom Company Board of Directors this week . Angela recently joined PFIs Board in February 2023. Photo: PA Wire. Jodie is responsible for the asset management of a portfolio of PFI's properties. She previously held a variety of roles across property finance, risk, compliance and governance in the banking sector. False information has been spread by thousands of people on Facebook, wrongly linking the Blairs to the company behind the PFI contract at the NNUH. Ultimately, though, the fiat of government legislation is sufficient to overhaul PFI. A PFI panel was set up by Chancellor Ken Clarke as early as 1993. Managing Director, Octagon Financial Services Talent + Properties Simone Errey Managing Director Marketing Australia James Logan Head of Client Services Marketing UK Marianne Rotole Executive Vice President, Client Services Marketing North America Ross Chouler Head of U.S. Leo Benjamin, 17636 Birch Ave., Whiting, IA 51063. An active participant in setting PFI's overall financial strategy, the finance director will also lead all financial administration, budgeting, financial reporting, fiscal grant management and financial policies and controls maintenance. If you wanted to keep it simple then the PFI debt would cover the entire NHS budget for over 2 years. Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in, PFI debt for the British taxpayer is more than 300bn for infrastructure projects, with a value of 54.7bn. And that right was only obtained by taking on huge extra potential liabilities. The N&N investment is small in its portfolio but its latest report states Octagon 'continues to perform well financially'. [14] The Consortium lengthened the NHS's repayment term from 34 to 39 years, but raising their own rate of return from 16 to 60 per cent. She is a graduate of Auckland University where she completed a Property Degree and Diploma of Business (Finance). Today's report draws on a survey of public authorities managing PFI contracts, 2 who are largely local bodies such as NHS trusts and local authorities. Screens provide live information about how many cases are being handled and the current status of the A&E department. . Picture: Archant, about how the deal to build the Norfolk and Norwich Hospital (NNUH) has financially crippled it. Previously, Angela held a number of senior positions over a 10-year period with Foodstuffs Auckland and Foodstuffs North Island, most recently being General Manager Property Development for Foodstuffs North Island. We urge you to accept the moral case for offering a share in this gain'.'. The estimated additional pay is $34,101 per year. Craig was appointed Chief Financial Officer and Company Secretary of PFI in 2012, and when PFI merged with DPF in 2013, was appointedChief Financial Officer and Company Secretary of the merged entity. We believe that if we took no other action to reduce pay and other costs we would need to lose approximately 450 posts during this year. The Norfolk and Norwich was one of the first hospitals to sign PFI contracts, only to see Octagon refinance the project, increasing its borrowing from 200 million to 306 million. Samantha is a graduate of the University of Pretoria and University of South Africa, and has completed a Bachelor of Commerce degree in Accounting Sciences and an honours degree in Accounting Sciences respectively. The past month has seen the demise of construction giant Carillion followed by the collapse of Capitas market value: both firms having built huge empires by providing outsourced services to public authorities. 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.' If you are dissatisfied with the response provided you can The trust has announced they it may have to lose 450 jobs this year. It seemed too good to be true yet those who dared to question the orthodoxy du jour were swatted away. 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. Director - PFI Advisory Aldwych Consulting Ltd London, England,. It is 'Rented' to the NHS by a private company called PFI Octagon at a cost of over 50m a year until 2037.. Completed in 1801, it was a winter residence for an eminent Virginian planter, Colonel John Tayloe III, and his family. This year it is paying the firm which built it 57m under the PFI deal. If your agency is in need of additional manpower and you cannot handle it in-house (current employees, overtime, or temp/term appointments) and contractors are too expensive or take too long to setup, then PFI may be a great alternative. The Trust told senior doctors, "We would like you to know that the trust will support you in making difficult decisions that may be the least unsafe decision, and we would appreciate your cooperation over the coming days with this". When hospitals are so full that there are no intensive care beds, no hospital beds at all, and essential operations are being cancelled because there's simply no one to do the surgery, then every option carries undue risk".[23]. Revealed: How shareholders of PFI firm are making millions from cash-strapped Norfolk and Norwich University Hospital Health By Tom Bristow The N&N under construction in July 2001 (l). Good Morning Britain. Thanks to Bytemark for donating our web hosting. Similar schemes across London and the country have been plagued with controversy. Guess who two of the Company Directors are = Tony and Cherie Blair ! Philip Green, the long-serving chairman, is named, as are Alison Horner (once head of Tesco's Asia division), Andrew Dougal and Ceri Powell. Office Admin Team Interim Executive Director- Kay Guiredirector.pfi@vcn.com Office Manager manager.pfi@vcn.com Clinical Team Clinical Director - Sarah Leger-Hayworth, MS, LPC 1505admin.pfi@vcn.com Counselor - Leslie Mashak MS, LPCleslie.pfi@vcn.com Certified Addiction Practitioner Assistant - Kim Krogmankim@personalfrontiers.org Case Manager/Forensic Peer Specialist - Autumn Rosenau, BAautumn . The contract is due to run until 2037. Samantha joined PFI as Systems & Reporting Manager in 2022. Poonam Muttreja. In fact, this PFI consists of two schemes. This reduces the scope of savings initiatives,' it said. All Simon Woodhams Craig Peirce Ewan Cameron Sarah Beale Anthony Beverley David Thomson Greg Reidy How to Dismantle the NHS in 10 Easy Steps by Youssef El-Gingihy is published by Zero Books, Join thought-provoking conversations, follow other Independent readers and see their replies. Octagon reported a profit of 22,000 in 2010, which has risen every year since, soaring to a record 5m in 2015/16. However, repayments will reach 7.1bn by 2049. Sure enough, there is some evidence of the tide turning. The other biggest shareholder, 3i, invests in infrastructure projects across the world. A Department of Health spokesperson said: 'We provide advice and consultancy on PFIs to individual trusts across the country, making savings on their current contracts.'. Another 7.2m, does not appear in the trust's accounts but the hospital said it is paid as an addition to the 'life cycle maintenance' of the PFI. Octagon has a 60-year contract with the hospital to provide it with those non-clinical services. A report to the N&N's board warns it may struggle to find savings. The activities will include leading and undertaking PFI handback support, to include: Review and interpretation of PFI contract handback drafting Guiding and overseeing the 'survey on expiry' in the PFI second . 'The whole PFI programme was massively ill-judged,' he said. Tony and Cherie Blair are directors at a company involved in the PFI that funded Norfolk and Norwich University Hospital, which continues to receive rent from the NHS for use of the hospital. Naturally, there are very serious concerns about jobs. Prior to joining PFI, Nick spent four years at ASB Bank in various planning, forecasting and analysis roles. Board of Directors; Open Architecture; Collective Intelligence; Corporate Governance; Supplier Management; Menu Search. Level 4, Hayman Kronfeld Building Event Calendar; PFI Annual Conference. Rodrigo is responsible for the asset management of a portfolio of PFIs properties as well as major capital projects within the portfolio. There would still be plenty left over to cover the training of the next generation of surgeons and build 80 state-of-the-art hospitals. NNUH was the first new NHS teaching hospital built in England for more than 30 years and the hospital trust is a partner with the University of East Anglia in the delivery of courses. Anthony's other directorships include Arvida Group Limited. 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. None of the firms involved in Octagon responded to our requests for comment. A system of environmental signage provides location-specific information for patients. It promotes hate, damages peoples health, and hurts democracy. Gen provides day-to-day administration and general support for the wider office. All investments involve risk, including the possible loss of capital. The initial cost of 229m is paid for through Octagon. [20] The inspection report stated "People who use the service can be assured that they will be provided with respect, dignity and privacy by the staff during their stay in hospital. It mutated into a taskforce inside HM Treasury and was eventually rebranded as Partnerships UK. All directors are appointed by shareholders at PFI's annual meeting. Pembinaan PFI Sdn. I looked further to find the person who originally posted this false information. [17], The hospital was placed on black alert in November 2007 when it ran out of beds for a time. Please click on the names below to learn more about the PFI team. 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