Clive Spears retired from the Royal Bank of Scotland International Limited in December 2003 as Deputy Director of Jersey after 32 years of service. His main activities prior to retirement included Product Development, Corporate Finance, Trust and Offshore Company Services and he was Head of Joint Venture Fund Administration with Rawlinson & Hunter. Mr Spears is an Associate of the Chartered Institute for Securities & Investments. He has accumulated a well spread portfolio of directorships centring on private equity, infrastructure and corporate debt. His current appointments include Chairman of Nordic Capital Limited and directorships of a series of ICG plc sponsored funds and funds managed by Kreos Fund Management. He is a resident of Jersey.

Heather Bestwick has been a financial services professional for over 25 years, onshore in the City of London and offshore in the Cayman Islands and Jersey. She qualified as an English solicitor, specialising in ship finance, with City firm Norton Rose, and worked in their London and Greek offices for 8 years. Ms. Bestwick subsequently practised and became a partner with global offshore firm Walkers in the Cayman Islands, and Managing Partner of the Jersey office. Ms Bestwick currently sits on the board of Rathbones Investment Management International Limited, and was a non-executive director of the Deutsche Bank company which managed the dbX fund platform until the company was dissolved in September 2024. She is a resident of Jersey.

David Pirouet retired from PricewaterhouseCoopers Channel Islands LLP in 2009 after being an Audit and Assurance Partner for over 20 years. During his 29 years at the firm Mr Pirouet specialised in the financial services sector, in particular in the alternative investment management area and also led the business’s Hedge Fund and business recovery practices for over four years. Mr Pirouet currently holds a number of non-executive positions across private equity, infrastructure and corporate debt. Mr Pirouet was previously a non-executive Director and Chair of the Audit and Risk committee for GCP Infrastructure Investments (FTSE 250 listed company) until he retired in February 2021. He is a resident of Jersey.

Michael Gray was at The Royal Bank of Scotland for over 30 years, latterly as Managing Director (Corporate) of RBS International, before retiring in 2015. During his 32 years at the firm Michael covered a broad spectrum of financial services including corporate and commercial banking, funds, trusts and real estate. Mr Gray currently holds a number of non-executive positions across private equity, infrastructure and fund management. Michael’s appointments currently include non-executive directorships of Triton Investment Management (a Swedish private equity group), J-Star Jersey Company Limited (a Japanese private equity group), Foresight 4 VCT plc (a listed venture capital fund) and JTC plc (a FTSE 250 listed trust and corporate services company). He is a resident of Jersey.

Heather MacCallum retired from KPMG Channel Islands in 2016 after serving as a partner in the financial services practice for 15 years. During her tenure at the firm, Heather covered a broad spectrum of financial services, with a focus on providing audit and advisory services to the investment management sector. Ms MacCallum currently holds a number of non-executive positions across listed and private funds, corporates and charities. Ms MacCallum’s appointments currently include a Chair position at Jersey Water (Jersey’s water utility company) and non-executive directorships at Invesco Bond Income Plus Limited (a listed fixed income fund) and Laing O’Rourke Corporation Limited (a multi-national construction group). She is a resident of Jersey.