1. Alex Paiusco Chief Executive Officer
Alex joined DouglasBay in 2008 at its inception. Previously he was a portfolio manager for Laxey Partners focussing on active value investment across Europe. Before joining Laxey Partners in 2005 Alex worked at NM Rothschild & Sons and Panmure Gordon in corporate finance.
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2. Geoff Bicknell Non-executive Director
Geoff brings over 40 years of broad based financial, commercial and operational management expertise from international remits throughout Europe and North America. Geoff has held executive directorships in companies including Rockwell International, TI Group Plc, Lucas Industries, Maxima Holdings Plc, Northgate Information Solutions Plc and Savtira Corporation. He is a Chartered Accountant in the UK and Canada.
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3. Mike Haxby Chief Financial Officer / Chief Risk Officer
Mike is currently seconded to DouglasBay from Laxey Partners. Mike became an Executive Director of Laxey Partners in December 2001 and manages the global risk for Laxey’s Funds. Mike started a career in fund management in 1993 and has worked with Quorum Capital Management, Buchanan Partners and Regent Fund Management before joining Bigsave.com in 1999; an Isle of Man based internet company.
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4. Harto Lehtonen Non-executive Director
Harto is a former logistics Director of UPM-Kymmene Corporation, one of the leading forestry companies in the world. Harto started his career in logistics in 1971, working initially with shipping lines and then with paper & packaging manufacturers Oy Wilh Schauman Ab and Kymmene.
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5. David Panter Non-executive Chairman
Prior to the acquisition by DouglasBay, David has been Chairman of The Laxey Investment Trust since 1997. He retired in 1996 as a consultant to tea broker Thompson Lloyd & Ewart (TL&E), having previously been Chairman of Geo. White & Company Limited, which was merged into TL&E in 1993. David spent 25 years as a commodities broker in London and as a consultant to the World Bank, Overseas Development Authority, concentrating on privatisations in Sri Lanka and Georgia. Previously he had 16 years service in India where he was Chairman of Carritt Moran & Company Limited and a Director of a number of tea plantation companies.
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7. Alistair Boyd CMG Senior Independent Director
Prior to the acquisition by DouglasBay Alistair had been a member of the Board of the Laxey Investment Trust since 1998. Previously he had a long career with the CDC Group plc (“CDC”), the UK government-owned investment and development fund, serving as Deputy Chief Executive until 1994 and thereafter as an advisor, with a focus throughout on the CDC’s activities in sub-Saharan Africa. Until recently he was Chairman of the Southern Africa Business Association and the African Medical and Research Foundation (UK). He is currently vice-Chairman of the Royal African Society and its affiliate the Africa Asia centre.
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8. Adrian Collins Non-executive Director
Adrian has worked in the fund management business for over 35 years, a large part of which was at Gartmore Investment Management Limited where latterly he was Managing Director. He is Chairman of Liontrust Asset Management and is also on the Boards of City Natural Resources High Yield Trust plc, New City High Yield Trust plc, and a number of other companies.
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9. Colin Kingsnorth Non-executive Director
Colin joined the Board of DouglasBay Capital in May 2010. He began his investment career in 1986 with Robert Fleming Asset Management. In 1988 he became head of investment trust research at Olliff & Partners, where he developed an expertise in corporate restructuring and arbitrage. Moving to Buchanan Partners Limited in 1991, he was involved in managing the Buchanan Emerging Markets Fund and became one of the leading exponents of unitising undervalued investment funds. In 1995, Colin (together with Andrew Pegge) set up Kingpin, a joint venture with the Regent Pacific Group and was Chief Executive of the company. Kingpin was sold to the Regent Pacific Group in 1997 and when a non compete expired, set up Laxey Partners Ltd with Andrew Pegge.
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