Roles and Responsibilities
- As one of the non-exec directors on the ±«Óãtv Board, Shumeet is responsible for upholding and protecting the independence of the ±«Óãtv by acting in the public interest and exercising independent judgement.
- He is also responsible for ensuring that the ±«Óãtv fulfils its mission to inform, educate and entertain and promotes its public purposes.
- Shumeet helps ensure that the Board's decision-making is in the public interest, informed by the best interests of the audience and with appropriate regard to the impact of decisions on the wider media market in the UK.
- Non-executive directors play a key role in ensuring that the ±«Óãtv maintains the highest standards of corporate governance, particularly with respect to financial reporting, internal control and risk management.
Term of appointment: 7 January 2022 – 31 December 2025
Biography
Shumeet Banerji is the founder of Condorcet, LP an advisory and investment firm focused on early and development stage technology companies.
Mr. Banerji stepped down as CEO of Booz & Company in 2012 after a long career at the firm and its predecessor Booz, Allen, Hamilton. Mr. Banerji’s current activities are all connected by a thread of the impact of technology and data on human life. Condorcet Partners’ primary focus is on the intersection of data with biology and healthcare.
Shumeet has served on the Board of Directors of Silicon Valley pioneer Hewlett Packard Company and its successor HP, Inc since 2011. Mr. Banerji is an Independent Director of Jio Platforms Limited, India’s most ambitious digital platform play. He also serves on the Board of Directors of Jio’s parent Reliance Industries Limited. He is a member of the Board of Directors of Felix Pharmaceuticals (Ireland), and of the Panel of Senior Advisers of Chatham House (The Royal Institute of International Affairs, UK).
Mr. Banerji was a member of the faculty at the University of Chicago's Graduate School of Business before joining Booz, Allen and received his Ph.D from the Kellogg School of Management, Northwestern University.
Fees
The fees for non-executive directors of the ±«Óãtv Board are set by the Secretary of State for Culture, Media and Sport.
Non-executive directors receive a base fee of £33,000 per annum.
Total fees paid each year: £33,000 per annum.
Expenses and central bookings
Expenses are costs incurred by ±«Óãtv staff on behalf of the ±«Óãtv and claimed through the ±«Óãtv's expenses system.
Central bookings are costs incurred on behalf of the ±«Óãtv and booked through the ±«Óãtv's central bookings system. Both expenses and central bookings are published every three months.
Downloads
- Shumeet Banerji had no expenses paid in Q4 2022-23
- Shumeet Banerji had no central bookings in Q4 2022-23
- Shumeet Banerji had no expenses paid in Q3 2022-23
- Shumeet Banerji had no expenses paid in Q2 2022-23
- Shumeet Banerji had no central bookings in Q2 2022-23
- Shumeet Banerji had no expenses paid in Q1 2022-23
Gifts and Hospitality Register
Gifts and hospitality may only be accepted in line with ±«Óãtv policy. Information about gifts and hospitality is published every three months.
Downloads
- Shumeet Banerji had no gifts or hospitality to declare in Q4 2022-23
- Shumeet Banerji had no gifts or hospitality to declare in Q3 2022-23
- Shumeet Banerji had no gifts or hospitality to declare in Q2 2022-23
- Shumeet Banerji had no gifts or hospitality to declare in Q1 2022-23
Declaration of personal interests
Staff must make a declaration of their personal and business interests, including any memberships or directorships of public or industry bodies, and any shareholdings, as well as any interests that their immediate families may also have.
A summary is published where there is something to declare and where there is nothing to declare. Occasionally an individual will have something to declare but due to the personal nature of the declaration we do not publish details as to do so would breach the General Data Protection Regulation.
This information is published annually, although if any amendments are made during the year an updated summary will be published if necessary as soon as it is available.