John, 59 has 27 years' experience as a corporate finance and capital markets banker. He is a Director and Chairman of the Audit Committee of Tele2 AB, listed on the OMX Nasdaq exchange, of Xebec, Inc, listed on the TSX and of The Economy Bank, NV, supervised in the Netherlands. He is also a director of TT Electronics plc listed on the LSE and of Valiance Funds regulated in Guernsey. John is a member of the Council of Cambridge University and Chairman of their Audit Committee. He is also a trustee of the Institute of Historical Research. He was educated at Cambridge, Princeton and London Universities. He served for nine years in HM Diplomatic Service.
John is considered by the company to be an independent Director on the basis that he is independent of the Adviser.