Directors
The Board has overall responsibility for the Company′s activities and the determination of its investment policy and strategy. The Company′s investment portfolio is managed by ICM Limited who is responsible for implementing the policies laid down by the Board. The Directors of the Company, who are all non-executive, are:
Roger Urwin (Chairman)
Dr. Roger Urwin has many years' experience in the international utility sector, playing a major role in the restructuring and privatisation of the UK electricity industry. He was previously Chief Executive of National Grid plc, a Non-Executive Director of Utilico Investment Trust plc and a former Chairman of Alfred McAlpine plc. He is a Director of Canadian Utilities Limited.
Michael Collier
Mr. Michael Collier, spent 33 years with the Bank of Butterfield in Bermuda and retired in 1996 as President and Chief Executive Officer. He is currently Chairman of the Ascendant Group of Companies (formerly Belco Holdings Ltd), Chairman of Bermuda Commercial Bank Limited and a Director of RESIMAC Limited.
Eric Stobart
Mr. Eric Stobart, a Chartered Accountants and MBA graduate from London Business School. He spent most of his career in merchant and commercial banking, lately as Director of Public Policy and Regulation for Lloyds TSB Group plc (now Lloyds Banking Group plc). Non-Executive Director of Norwich & Peterborough Building Society, Capita Managing Agency Limited, The Throgmorton Trust plc and Falcon Property Trust. Trustee of the Lloyds TSB Group Pension Schemes, chairing its Investment and Funding Committee, Lloyds Your Tomorrow Trustees, Dixons Retail Pension Scheme and Lloyd's Superannuation Fund.
Peter Burrows
Mr. Peter Burrows, a Bachelor of Economics, is currently a Director of Bell Potter Securities Ltd, based in Australia. He has many years' experience as a stockbroker and founded his own independent specialist private client firm, Burrows Limited, in 1986. He was previously the Chairman of Garratt's Limited, ASC Limited and Rabbit Photo Holdings Ltd and was previously a Director of a number of other listed and unlisted companies. He has also been made an officer in the Order of Australia (AO) for his services to medical research, tertiary education and finance.
Susan Hansen
Mrs. Susan Hansen, a chartered accountant and MBA graduate, has worked in financial services since 1980. She has previous experience in chartered accountancy and investment banking and is a Director of RESIMAC Limited, a securitisation company, as well as the Principal of a financial training organisation in New Zealand. She is a member of the Institute of Chartered Accountants in Australia.
Warren McLeland (alternate Director to Susan Hansen)
Mr. Warren McLeland is a Science and MBA graduate and was formerly a stockbroker and investment banker. He is now Chief Executive Officer of RESIMAC Limited, a securitisation company. In addition, he acts as an adviser in funds management and business strategy to companies operating in the Asia Pacific region. He is a Non-Executive Director of Trust Company of Australia, Intellect Holdings Limited, Wilsons HTM Investment Group Limited and Permanent Investments Limited.
