TheCityUK comments on the Green Finance Institute's report, 'Assessing the materiality of nature-related financial risks for the UK'

24 April 2024

Commenting on the report published by the Green Finance Institute today, Miles Celic, Chief Executive Officer, TheCityUK, said,

"This analysis underlines the significant financial impact of nature degradation to the UK economy, society and the financial sector. Given the risks posed, it is crucial that our industry works together to tackle nature and climate risks, as well as ensuring that nature-related considerations are factored in to decision making, risk management frameworks and transition plans. We have a key role to play in accelerating efforts to protect and restore nature and look forward to working with government and regulators to take a proactive approach on this important issue."

Miles Celic OBE photo
Miles Celic OBE Chief Executive Officer

Miles has held the role of Chief Executive Officer since September 2016. He is also a board member of UK Finance and the Financial Services Skills Commission. He sits on a number of government groups.

Miles began his career in broadcasting, making and presenting radio and television programmes for the BBC and others. He moved on to work in the UK Parliament, where he focused on foreign affairs and defence issues. Miles subsequently worked in a number of leading public policy consultancies.

In 2007, Miles joined HSBC’s policy function to lead political engagement. Miles moved to Prudential in 2009 as Director of Group Public Affairs & Policy and became Director of Group Strategic Communications in 2013. He was a member of Prudential’s Group Leadership Team.

Miles was awarded an OBE for services to financial and professional services in the King’s New Year Honours List 2025.