Board of Directors

Member of the Board Remuneration and Nomination Committee

Sir Michael Rake, knighted in 2007, is Chairman of Great Ormond Street Hospital (2017) and Phoenix Global Resources (2017). He is also chairman of Majid AL Futtaim Holdings LLC (2010) and is a director of Worldpay Inc (Chairman Worldpay Group plc 2015-2018) and of S&P Global (2008). Sir Michael’s business advisory roles include chairman of the International Chamber of Commerce UK, Chairman of the Advisory Board for Engie UK, Advisor to Teneo Holdings, a Senior Adviser for Chatham House and a member of the Oxford University Centre for Corporate Reputation Global Advisory Board.

Sir Michael’s former principal roles include Chairman of BT Group Plc, Chairman (both UK and International) of KPMG, Chairman of easyJet, President of the Confederation of British Industry, Deputy Chairman of Barclays and director of the Financial Reporting Council.

Member of the Board Remuneration and Nomination Committee

John Hourican has more than 28 years of global financial services experience. John began his career at Price Waterhouse working in Dublin, Hong Kong and London before moving to Royal Bank of Scotland in 1997.  During his time at Royal Bank of Scotland John held a number of senior posts including serving as Chief Executive of the Group’s Investment Bank (Markets & International Banking) for 5 years.  Between 2013 and 2019 John served as CEO of Bank of Cyprus, the largest banking and financial services group in Cyprus.  During his tenure, John reshaped the business, re-established its deposit base, improved the quality of its loan book and strengthened its financial position. John was named Euromoney’s Banker of the Year in 2015.  John is a fellow of the Institute of Chartered Accountants in Ireland.

Paul Sheriff has over 25 years of experience in financial services organisations spanning banking, asset management and insurance. Paul joined from Legatum, a private investment firm based in Dubai where he was CFO/COO for three years, having previously been CFO/COO of Record plc, a main market listed asset management business. Prior to this he was Group Finance Director at Arbuthnot Banking Group plc, a listed banking group, and Commercial Finance Director of the Prudential’s UK and European business. Earlier in his career he spent five years in private equity and qualified as a Chartered Accountant with Arthur Andersen. He is a member of the Institute of Chartered Accountants in England and Wales.

Chairman of the Board Audit Committee and Board Risk Committee

Alison Reed has extensive business knowledge and experience from her previous senior business roles as Chief Financial Officer at Marks and Spencer Group plc and Group Finance Director at Standard Life plc (including Standard Life Assurance Company). Alison is a Non-Executive Director and Deputy Chairman of British Airways plc, a Non-Executive Director of CGI Group Inc. and a Member of Council and the Audit Committee of Exeter University. Alison was previously a Non-Executive Director at Darty plc and HSBC Bank plc. Alison is a member of the Institute of Chartered Accountants in England and Wales.

Chairman of the Board Remuneration and Nomination Committee

Rupert Keeley was the General Manager for PayPal’s businesses in Europe, Middle East & Africa (EMEA), an Executive Vice President of PayPal (Holdings) Inc. and Chief Executive Officer of the PayPal Europe bank until June 2018. Rupert has more than 30 years of banking and payments experience and was formerly Visa Inc.’s Group Executive and President of the Asia Pacific and CEMEA regions, and a Section 16 Officer of the company. He held a number of management roles including Global Head of Strategy and Corporate Development. Prior to joining Visa in 1999, Rupert held a number of senior management positions with Standard Chartered plc based in London, Singapore and the Middle East. He started his career at Girobank plc in London. Rupert holds an MBA in Marketing from the City University Business School, London and a B.Sc. (Hons) in Management Sciences from the University of Manchester.

Member of the Board Audit Committee, Board Risk Committee and Board Remuneration and Nomination Committee

Javed is a leading figure in the UK public and voluntary sectors. He was chief executive officer of the children’s charity Barnardo’s from 2014 to 2021, and of the charity Victim Support from 2010 to 2014. He is currently the chair of the Buckinghamshire, Oxfordshire & Berkshire West Integrated Care Board and a commissioner on the Law Family Commission on Civil Society. Javed is a Companion of the Chartered Management Institute and a former member of the Independent Grenfell Recovery Taskforce. He was also a Specialist Advisor to the Justice Select Committee’s inquiry into prison reform. Javed was appointed an Officer of the Order of the British Empire (OBE) in the Queen’s Birthday Honours for 2021 for services to young people and to education. He has a degree in mathematics and an honorary doctorate degree from the University of Salford, and an honorary doctorate degree from Birmingham City University.

James Corcoran has over 30 years of global financial services experience with large multi-national companies, such as American Express, Citibank, HBOS and IBM. James began his career in sales and marketing, moving into general management where he has held various senior executive positions over the past 20 years. He has run credit card businesses for First USA/Bank One and Amex and at HBOS his final role was CEO of the Distribution, Retail and Insurance Division. Prior to that, he was Head of HBOS’ Retail Product business units. James joined NewDay as CEO in January 2009 from Washington Mutual in Seattle, where he was President of the Retail Banking Division.  In September 2019, James stepped down as NewDay CEO after 10 years’ service, and remains on the Board as a Non-Executive Director.

Member of the Board Risk Committee, Board Remuneration, Nomination Committee and Board Audit Committee

Peter Rutland is a Partner at CVC, is Co-Head of CVC’s Financial Services Group and leads CVC’s financial services investing in Europe. Prior to joining CVC, he worked for Advent International. Prior to working at Advent International, Peter worked for Goldman Sachs in the Investment Banking Division. Peter holds an MA degree from the University of Cambridge and an MBA from INSEAD.  

Peter has led or been responsible for investments in Brit Insurance (a leading Lloyd’s insurance and reinsurance company), Avolon (global aircraft leasing company), Skrill (the second largest provider of online payment solutions in Europe), Domestic & General (a leading provider of product protection and warranty insurance in Europe), Pension Insurance Corporation (a leading pension annuity provider in the UK) and Paysafe (a global leading provider of online payment solutions). A number of these portfolio companies are also PRA/FCA regulated.

Member of the Board Audit Committee

David Giroflier is a Principal at Cinven. Prior to joining Cinven, David worked in the Investment Banking Division of HSBC in Paris, advising on M&A transactions across a range of sectors including industrials, aerospace and consumer. David also advised the French government on various transactions. David graduated from the HEC School of Management in Paris with an MSc in Business Administration. David is an experienced private equity investor, having been involved in a number of Cinven’s transactions including Camaïeu, Tractel and Visma. 

David previously sat on the board of Camaïeu. David also has significant knowledge and understanding of the financial services industry having diligenced a number of businesses in the past three years.

Alexander is a Director at CVC.  Prior to CVC, Alexander worked at Centerbridge Partners focusing on investments in the financial services sector.  Alexander graduated from the Finance University under the Government of the Russian Federation with a BA (Honors) in Economics.

Rebecca is a Principal at Cinven and a member of the Financial Services team. Rebecca has been involved in a number of Cinven’s transactions including Premium Credit, JLA and Miller. Prior to Cinven, Rebecca worked at Lazard focusing on M&A transactions across both the Financial Institutions and Industrials sectors. Rebecca graduated from Oxford University with a BA in Economics and Management.