Stephen Pegge had a distinguished career in finance including as a senior executive at Lloyds Banking Group and managing director of UK Finance. He is a member of the Creative Industries Council and chairs the access to finance working group. He is a Director of UK Business Angels Association, a director and trustee of Shaw Trust and is vice chair of Shaw Education Trust, a large multi-academy trust of schools in the Midlands and North of England. Stephen chaired PRIME Cymru for nine years, a charity to provide for employment and enterprise in Wales, established by HM the King who was president. He was awarded an OBE for services to Business in 2025.