Board of Directors
The Non-Executive Directors bring independent views to the Board. Their diverse experience and expertise add immeasurably to the Board's effectiveness, particularly in the areas of corporate strategy, governance and risk. As part of the collective responsibility for the management of the Company, the Board must ensure that adequate resources are in place to achieve its strategic aims and its obligations to shareholders and other stakeholders.
Sir Nigel Broomfield : Non-Executive Director, Aged 71
Sir Nigel Broomfield joined the Army from Cambridge University in 1959 and retired in 1969.
He joined the Foreign and Commonwealth Office in 1969 and served in London, Bonn, Moscow and New Delhi before becoming Ambassador in East Berlin from 1988 to 1990 at the time of the fall of the Berlin Wall. He served as Ambassador to Germany from 1993 to 1997.
On retiring from the Foreign and Commonwealth Office, Sir Nigel became Director of the Ditchley Foundation near Oxford, a private charity engaged in organising high level conferences on political, economic and social issues. He retired from Ditchley in 2004 and moved to live in Jersey with which he has had associations for over 40 years.
Sir Nigel is a Non-Executive Director of Cable & Wireless (Jersey); of Lancaster Management (Jersey) Ltd; and Adviser to the President of Smiths Detection (UK). He is President of the German/British Chamber of Commerce and Industry in London and since 2005 he has been Chairman of Leonard Cheshire Disability.
Ajoy Veer Kapoor : Non-Executive Director, Aged 47
Ajoy Kapoor is an entrepreneur and banker in a career spanning over 25 years, with global exposure to real estate investment, development and management. Ajoy's last assignment was Global Head, Strategy & Implementation Corporate Real Estate at HSBC, UK where he was responsible for strategic management and project
implementation of 75 million square feet across 79 countries. Prior to that, he was Managing Committee Member and Regional Head in India, Corporate Real Estate & Strategic Sourcing at Standard Chartered Bank, managing a mixed portfolio of over 11 million square feet. Ajoy has also been involved in development management of several million square feet of real estate during his various assignments. During 1980-1995, he built and sold Lamco, a chain of convenience stores. Ajoy is one of the leading real estate professionals in India and is an active member of this community. Within India Ajoy is well known for creating and delivering value in a complex environment.
David Hunter : Non-Executive Director, Aged 54
David Hunter is Managing Director of Hunter Advisers, a Property Fund Consultancy which offers advice on the launch and operation of Property Funds in the UK and overseas. Coupled with this role, he has a small number of Non-Executive positions where he oversees the activities of Investment Managers.
David was a well-known UK property Investment Manager over 20 years up to 2005, with an exceptional track record of building and running fund management businesses. In recent years, he was responsible for managing GBP 6.5 billion in the UK and Europe with Arlington Property Investors.
He was President of the British Property Federation 2003-04 and led the property industry delegation which successfully negotiated with the UK Government for the introduction of REITs.
Malcolm King : Non-Executive Director, Aged 63
After qualifying at a general practice firm in 1968 Malcolm was one of the first in his profession to gain an MBA by taking a full time two-year course at the Ivey Business School of the University of Western Ontario, Canada. Joining King & Co in 1970 he headed the investment part of the business for 23 years.
In 1993 Malcolm restructured the asset management side of the business, which grew the properties under management from GBP 850 million to the current level of more than GBP 10 billion.
He was Senior Partner from 1987 to 2005 and International Chairman from 1992 - 2006. In 1992 he conceived and engineered the merger of King & Co with J P Sturge to form King Sturge. During his time as Senior Partner the company's turnover increased from just over GBP 11 million to approximately GBP 100 million and a staff of nearly 1600.
He is senior Non-Executive of Redrow Plc and a Non-Executive director of a Jersey based private property company as well as the managing director of a UK based private property company and on the Property Advisory Committee of Imperial College, London.
Rohin Shah : Non-Executive Director, Aged 42
Rohin Shah is a chartered surveyor and managing director of Meghraj Properties Limited in London. He is currently responsible for a UK portfolio of commercial property with a value in the region of GBP 750 million with mandates to invest another GBP 750 million into the UK markets. His key client base is 60 private family offices. He has been involved with the Indian Property Market since 1992 and established Trammell Crow Meghraj (earlier known as Chesterton Meghraj) in April 1995 as one of the first foreign property consultants in India. Trammell Crow Meghraj was merged with Jones Lang LaSalle in 2007 to become Jones Lang LaSalle Meghraj, the largest real estate consultant in the country. He started his career with Jones Lang LaSalle in 1986 and for 6 years was based in their London offices. He has a first class Bachelors Degree in Land Management from Reading University, a Masters Degree in Property Investment from City University and has spent 10 years sitting on various committees at the Royal Institution of Chartered Surveyors from 1989 to 1999. He is currently assisting the RICS to establish a presence in India.
William Kay : Non-Executive Director, Aged 56
William Kay is Managing Director of Minerva Financial Services Limited in Jersey, a licensed trust company specialising in the formation and administration of offshore trusts and companies. William is also Managing Director of Minerva Fund Administration Limited.
Formerly, he was the Managing Director of Barclays Private Bank & Trust Limited in the Channel Islands, 1994 - 2000. He joined the Barclays Group in 1975 and was a Senior Executive 1992 - 2001. William is on the board of a number of Jersey companies focused on investing into Indian real estate.
Christopher Lovell : Non-Executive Director, Aged 55
Christopher Lovell is a solicitor and has practiced since 1979. He was a Partner with Theodore Goddard between 1983 and 1993 before setting up his own firm. He became a Partner and Director of Channel House Trustees Limited a Jersey regulated trust company, in 2000. Channel House Trustees was acquired by Capita Group Plc in September 2005. He was a Director of BFS Equity Income and Bond PLC between 1998 and 2004 and Chairman of BFS Managed Properties between 2001 and 2005. Mr Lovell is currently a director of Capita Trustees Limited and in addition to being a director of a number of funds for which Capita provides administrative services is also a director of Dawnay Day Treveria PLC, Aseana Properties Limited, Public Service Properties Investment Limited and Nordic and & Russia Properties Limited.