Board of Directors

Appointed to the Board in January 2002 and is the Senior Independent Director. He is Chairman of European real estate group, Hammerson plc, Senior Advisor to Charterhouse Capital Partners LLP and Director of Cazenove Group Limited and JP Morgan Cazenove Holdings Limited. He retired as Chairman of Credit Suisse First Boston (Europe) in 2002 and was formerly Vice Chairman of Lazard Brothers, Non-Executive Director of BT Group plc and Non-Executive Director of Woolwich plc. He will succeed Daniel Bernard as Deputy Chairman and also retain his role as Senior Independent Director at the conclusion of the Company’s AGM on 3 June 2009. Age 61.