Responsible for the government's holdings in Bradford & Bingley and Northern Rock, Keith Morgan, UKFI's head of wholly owned investments, will face the Treasury select committee today alongside the body's chairman Sir David Cooksey, departing chief John Kingman and market investments head John Crompton.

With the EU approving Northern Rock's plan to split into two - creating a "good" and a "bad" bank - the 45-year-old former consultant needs to extricate the taxpayer from the assets in the quickest and most profitable way. An ex-director of Abbey, bought by Santander, Mr Morgan managed the integration of Sovereign Bancorp in the US into the Spanish bank. After reading politics, philosophy and economics at Oxford, he joined consultants LEK and moved to Abbey in 2004. The father of two holds a MBA from Harvard, where he wrote a commercial plan for the Victoria and Albert Museum.