Minister of State and Minister of State (Minister for Investment)

The Rt Hon Lord Johnson

Biography

Dominic Johnson CBE was appointed a Minister of State jointly in the Department for International Trade and the Cabinet Office on 2 October 2022.

Dominic Johnson CBE was appointed as a non-executive board member of the Department for International Trade between 09 November 2020 and 02 October 2022. He was Chair of the department’s Audit and Risk Assurance Committee.

Dominic is founding partner and Chief Executive of Somerset Capital Management a $7 billion global emerging markets specialist investment company.

Prior to starting Somerset Capital in 2007, he helped to build Lloyd George Management from $1.5 billion to $16 billion under management between 2001 and 2007.

Dominic has spent the last 25 years in entrepreneurial, international finance starting his career at Robert Fleming in 1995, before moving to Jardine Fleming, Hong Kong, in 1998. He set up various dotcom business in the early 2000s and ultimately moved into asset management in 2001.

He was vice-chairman of the Conservative Party between 2016 and 2019.

Minister of State (Minister for Investment)

The Minister for Investment encourages economic growth and a green industrial revolution across all parts of the UK through attracting and retaining inward investment.

The minister’s responsibilities include:

  • investment promotion across all sectors
  • the Office for Investment
  • delivering an investment strategy to drive further inward investment to the UK
  • investor relationship management
  • Sovereign Investment Partnerships
  • delivering key investment events

More about this role

Department for International Trade and Office for Investment

Previous roles in government

  • Non-executive board member with responsibility for the Union