Board of Directors

Chairman

  • Strone Macpherson

    Strone succeeded Iain Samuel Robertson as Chairman in December 2007.

    Age: 67

    Length of Service: 12 years

    Experience: Chairman of Close Brothers Group plc, Chairman of Estover Energy Limited, Trustee and Treasurer of the King’s Fund.  Formerly a Director at Flemings, Executive Deputy Chairman of Misys plc, Chairman of JPMorgan Smaller Companies Investment Trust plc, and a non-executive Director of Axa UK plc.

    Last re-elected to the Board: 2015

    Committee membership: Audit Committee; Management Engagement Committee (Chairman), Nomination Committee (Chairman).

Directors

  • Steven Bates

    Senior Independent Non-Executive Director

    Joined the Board in June 2006.

    Age: 58

    Length of Service: 9 years

    Experience: Chairman of VinaCapital Vietnam Opportunities Fund plc, of Baring Emerging Europe plc and of F&C Capital & Income Investment Trust plc and a Director of Biotech Growth Trust PLC and of Magna Umbrella Fund. He is also a Director of Guardian Management UK Limited, an investment management company specialising in emerging markets. He sits on, or is adviser to, various committees in the wealth management and pension fund areas.  He was Head of Global Emerging Markets at JP Morgan Asset Management until 2002.

    Last re-elected to the Board: 2015

    Committee membership: Audit Committee; Management Engagement Commitee, Nomination Committee.

  • Andrew Robson

    Independent Non-Executive Director

    Joined the Board in 2008.

    Age: 56

    Length of Service: 7 years

    Experience: Non-Executive Director of JPMorgan Smaller Companies Investment Trust plc, Shires Income plc, Mobeus Income & Growth 4 VCT plc and Witan Pacific Investment Trust PLC. Also a Director of First Integrity Limited and Peckwater Limited. Formerly Group Finance Director of eFinancial Group Limited, and a Director of Robert Fleming & Co Ltd, SG Hambros and M&G Equity Investment Trust plc.

    Last re-elected to the Board: 2015

    Committee membership: Audit Committee (Chairman), Management Engagement Committee, Nomination Committee.

  • Susan Noble

    Independent Non-Executive Director

    Joined the Board in 2012.

    Age: 58

    Length of Service: 3 years

    Experience: Chair of Alliance Trust Investments, a Director of Newton Investment Management Limited and Newton Capital Management Limited, an Associate Director of Manchester Square Partners and a Trustee of the Hospice of St Francis, Berkhamsted.  Formerly a Managing Director of Goldman Sachs Asset Management, Head of European Equities and Head of Global Equities.  Also a Director and Senior European Portfolio Manager at Robert Fleming Asset Management and a Director of Alliance Trust plc.

    Last re-elected to the Board: 2015

    Committee membership: Audit Committee, Management Engagement Committee, Nomination Committee.

  • Nigel Rich

    Independent Non-Executive Director

    Joined the Board in 2012.

    Age: 70

    Length of Service: 3 years

    Experience: Chairman of Segro plc, Non-Executive Director of Matheson & Co Ltd and Pacific Assets Trust plc. Formerly Chairman of Xchanging plc, Ocean Group/Exel plc, CP Ships Limited and Hamptons Group Limited, and also formerly Managing Director of Jardine Matheson Holdings and the Group Chief Executive, Trafalgar House plc.

    Last re-elected to the Board: 2015

    Committee membership: Audit Committee, Management Engagement Committee, Nomination Committee

Schedule of Matters Reserved for the Board