Associated British Ports Holdings Ltd
- Board of Directors
Chief Executive
Peter Jones became Chief Executive of Associated British Ports Holdings Ltd in April 2007. He was formerly Chief Executive of Mersey Docks & Harbour Company, having worked in ports and shipping businesses in the UK and Europe since 1977. Mr Jones is also a non-executive director of SKIL Ports & Logistics Ltd, an AIM-listed company involved in the development of a small port in India, at Karanja in close proximity to Mumbai. He has previously served as non-executive director of Through Transport Mutual Insurance and of the United Kingdom Major Ports Group. He has also been a member of the Bank of England's North-West Quarterly Panel.
Chief Financial Officer
Sebastian Bull became Chief Financial Officer and a Director of Associated British Ports Holdings Ltd in February 2011 and is Chairman of the Refinancing Committee. Mr Bull was previously Director of Finance and Administration at More London Development Limited from 2003 to 2010. From 1998 to 2002, Mr Bull held senior commercial and finance roles, including Corporate Finance Director, Network Development Director and Finance Director, at Railtrack (now Network Rail). Prior to Railtrack, Mr Bull spent 14 years working in corporate finance roles for UBS. Mr Bull trained as a Chartered Accountant for KPMG.
Executive Director
Doug Morrison was appointed to the Board of Associated British Ports Holdings Plc in April 2005. Mr Morrison has worked for the group for his entire career, having joined direct from school in 1968. He worked in ports administration at Ayr & Troon for 11 years before moving to the operational side of the business as a trainee supervisor. Within ten years he was responsible for all port operations at Ayr & Troon. He became Port Manager in 1998 and was promoted to the position of Port Director, Hull & Goole, in 2003. He took up his current role as Port Director, Southampton, in April 2005.
Non-Executive Directors
Philippe Busslinger joined the Board of Associated British Ports Holdings Ltd in June 2011. He is a member of the Audit and Refinancing Committees. Mr Busslinger is a Vice President at Borealis Infrastructure Management Inc, based in the London office. Prior to joining Borealis, Mr Busslinger was an executive director with Goldman Sachs in its London office where he advised clients in M&A transactions across Europe. Previously he worked for McKinsey & Company as a consultant. Mr Busslinger holds an MBA from Columbia Business School in New York and a BA (Business) from ICADE Universidad Pontificia Comillas in Madrid.
Philippe Camu joined the Board of Associated British Ports Holdings Ltd in August 2006 and is a member of the Remuneration and Nomination Committee. Mr Camu, a Managing Director at Goldman Sachs, heads the European business of Goldman Sachs Infrastructure Partners (GSIP) and is a member of GSIP's Investment Committee. Mr Camu is also on the board of Eurotunnel and of Endesa Gas T&D.
James Cooper joined the Board of Associated British Ports Holdings Ltd in May 2007. He is Chairman of the Audit Committee and a member of the Remuneration and Nomination and Refinancing Committees. Mr Cooper is Director of Infracapital, part of M&G Investment Management Limited. From 1998 he worked for BNP Paribas, where he was co-head of UK Corporate Finance. Between 1992 and 1998 he worked for Hambros Bank, where he led the transport sector team and was a director. He is a Chairman of Red Funnel Group Holdings Ltd, Alticom Holdings BV and Calvin Capital Ltd and a director of Zephyr Investments Ltd and of Kelda Group Ltd.
George Kay joined the Board of Associated British Ports Holdings Ltd in August 2006. He is Chairman of the Remuneration and Nomination Committee and a member of the Refinancing Committee. He is a director of AEI, an emerging-market energy infrastructure company based in Houston. Mr Kay is also an Advisory Committee Member of Citi Infrastructure Investors. Prior to joining GIC Special Investments in early 2006, where he is responsible for infrastructure investments in Europe and South America, Mr Kay worked in principal finance for the Commonwealth Bank of Australia. Prior to that he worked for Westpac Banking Corporation as Senior Credit Analyst.
David Kerr joined the Board of Associated British Ports Holdings Ltd in February 2010 and is a member of the Audit Committee. He is Senior Vice President of GIC Special Investments Pte Ltd and is a director of Sintonia SA, a holding company for the acquisition and management of an internationally diversified portfolio of infrastructure investments, Duquesne Light, an electricity utility based in Pittsburgh, Pennsylvania, and Budapest Airport, Hungary. Prior to joining GIC Special Investments he was Managing Director for Infrastructure in the asset management division of Deutsche Bank and previously spent 13 years at Bechtel Enterprises, the infrastructure investment and financing arm of Bechtel Group. During his career with Deutsche Bank and Bechtel, Mr Kerr held a number of Board and steering committee positions in Europe and the Americas encompassing ports, airports, highways, as well as water and wastewater utilities.
Peter Lyneham joined the Board of Associated British Ports Holdings Ltd in March 2010 and is a member of the Audit and Refinancing Committees. Mr Lyneham is a managing director in Goldman Sachs' Merchant Banking Division, which manages the GS Infrastructure investing business within Goldman Sachs, which was formed in 2005. Prior to joining the Merchant Banking Division he worked in the Investment Banking Division's corporate advisory and financing groups in both London and Sydney since 1999.
John Morea joined the Board of Associated British Ports Holdings Ltd in June 2010. He is currently CEO of Scotia Gas Networks (SGN), a £4.2bn company which owns and operates the gas distribution networks in Scotland and across central southern and south-east England, including all the London boroughs south of the River Thames. SGN employs around 6,000 staff and contractors across its regions and is responsible for the safe and secure provision of gas to some 5.7 million customers. SGN is a joint venture between Scottish and Southern Energy (50%), OMERS Pension Fund (25%), and Ontario Teachers Pension Fund (25%). Mr Morea joined SGN in May 2005 from Scottish and Southern Energy Plc where he was Network Director with responsibility for the operation and asset management of SSE's electricity distribution networks. He has extensive experience of electricity distribution and a growing knowledge of gas. Mr Morea sits on the SSE Management Board and has been a past Board member of the Energy Networks Association and has over 20 years' experience in utilities; is a member of the Institution of Engineering & Technology and Institute of Directors and a Fellow of the Institution of Gas Engineers & Managers.
Michael Rolland joined the Board of Associated British Ports Holdings Ltd in January 2008 and is a member of the Remuneration and Nomination Committee. He became president and CEO of Borealis Infrastructure in March 2007 and has overall executive responsibility for Ontario Municipal Employees Retirement System's investments in infrastructure assets and ensuring senior management maintains strong and open relationships with asset operators and investment partners. In 1998, Mr Rolland joined Borealis where he has originated, structured and managed many complex investments. Before this he developed and led a public-sector and healthcare-advisory firm specialising in corporate and structured financings; and was a senior tax manager at an international accounting firm.
Robert Walvis joined the Board of Associated British Ports Holdings Ltd in August 2007 as a representative of GIC Special Investments. He is currently a non-executive director of Balfour Beatty Plc and Chairman of the Supervisory Board of Allianz Nederland Group NV. He has previously been a non-executive director of Johnson Matthey Plc, a director of British Energy Plc and Inspicio Plc and between 1971 and 2001 held a series of management positions within the Royal Dutch Shell Group, including Chairman of the Global Corporate Centre, where he was responsible for worldwide strategic planning, external, and environmental affairs.
Alternate Non-Executive Directors
Kenton Bradbury was appointed an alternate director to James Cooper in November 2009. Mr Bradbury joined Infracapital, part of M&G Investment Management Ltd, in 2009 as Director focussing on the asset management of investments. He is the asset manager responsible for Kelda, Zephyr and Earth & Wind, and jointly for Calvin Capital. Prior to joining Infracapital, Mr Bradbury developed his career in strategic and operational roles in the UK and overseas at several organisations, including E.ON, Midlands Electricity, Deloitte Consulting, and Logica. During his ten years at E.ON and Midlands from January 1999 to December 2008, he held various senior roles including Managing Director of Asset Management, Director of Network Strategy & Regulation, Director of Risk Management & Strategy, and SVP Infrastructure & Regulation in Dusseldorf. Mr Bradbury read engineering at St John's College Cambridge and attended the three month Programme for Management Development at Harvard in 2009 and is FSA CF-30 approved.
Tom Ferguson became an alternate director to Philippe Camu and Peter Lyneham in March 2010. Prior to this Mr Ferguson was a director of Associated British Ports Holdings Ltd from November 2006. Mr Ferguson joined Goldman Sachs in 2002 and was named Managing Director in 2007. Mr Ferguson heads the asset management efforts for the merchant bank's US real estate investment activity. Mr Ferguson serves on the Board of EFH Corp, the largest integrated power company in Texas, American Golf, Agricultural Company of America Partners, LP, a company that owns and manages agricultural real estate, and Nor 1, a company providing revenue enhancement solutions to the travel industry. Mr Ferguson formerly held Board seats at Red de Carreteras, a toll road concessionaire in Mexico, and Carrix, one of the largest private container terminal operators in the world.
John McManus was appointed an alternate director to Michael Rolland in January 2012. Mr McManus began his career with an international accounting firm, before working with several successful entrepreneurs on business development, financings and venture capital investments. He joined Borealis in 2001 and is currently jointly responsible for managing the Borealis transaction team and head of Borealis's London office. His experience covers investments ranging from nuclear power to satellite technology.
Mr McManus is actively involved with, and is a member of the board of directors of, Bruce Power (the largest generation facility in North America) and Ciel Satellite (provider of satellite communications throughout Canada). Mr McManus holds a Bachelors of Commerce degree from the University of Toronto and is a Chartered Accountant.