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The Board

The Board

 

Petershill Partners is governed by a fully independent Board with relevant and diverse experience focused on promoting our long-term success and creating value for shareholders. Please find more information on the Board's committees and memberships here.

 

Naguib Kheraj

Chairman, Chairman of Nomination Committee and Chairman of Management Engagement Committee

Naguib Kheraj

 

Mr Kheraj is Chairman of Rothesay Life, a specialist pensions insurer and  is a Senior Adviser to the Aga Khan Development Network where he serves on the boards of a number of entities within its network and chairs its Endowment Committee. He is also an advisor to the Queensway Group Ltd, a hospitality focused business and a Member of the Board of Gavi, The Vaccine Alliance where he chairs the Audit and Finance Committee.

 

Mr Kheraj began his career at Salomon Brothers in 1986 and went on to hold senior positions at a number of leading financial institutions. Over the course of 12 years at Barclays, Mr Kheraj served as Group Finance Director and Vice-Chair and in various business leadership positions in wealth management, institutional asset management and investment banking. He also served as Chief Executive Officer of JP Morgan Cazenove. Mr Kheraj was also Deputy Chairman of Standard Chartered plc, a major international bank. During his tenure of over 8 years at Standard Chartered he served as Chairman of the Board Risk Committee and the Board Audit Committee and as Senior Independent Director.

 

Mr Kheraj is a former Non-Executive Director of NHS England and served as a Senior Adviser to Her Majesty’s Revenue and Customs and to the Financial Services Authority in the United Kingdom.  He has also served as a member of the Investment Committee of the Wellcome Trust, the Finance Committee of Oxford University Press and the Finance Committee of the University of Cambridge.

 

Mr Kheraj was educated at Dulwich College London and Cambridge University where he graduated with a degree in Economics.

Everard Barclay Simmons

Senior Independent Director

Everard Barclay Simmons

 

Mr Simmons began his career as a commercial litigation attorney in Bermuda in 1997 before moving to the United States for business school and joining Goldman Sachs as an investment banker in 2004. Returning to Bermuda, he became Managing Partner/Chief Executive Officer of a reinsurance law firm for 13 years. Mr Simmons is currently Chair and Chief Executive Officer of Rose Investment Limited, a Bermuda-based advisory business focused on financial services and corporate restructuring.

 

Mr Simmons has a vast array of Board experience. He was Lead Director and then Chair of the Board of the Bank of N.T. Butterfield & Son Limited, where he served from 2011 to 2017 during its ownership by private equity to after its listing on the NYSE, having led a co-investment in the bank alongside Carlyle and CIBC. Mr Simmons served on the board of Bermuda’s financial services regulator, the Bermuda Monetary Authority, for nine years. He also previously served as a Director at FIL Limited and currently serves as a Director at Eight Roads, respectively, the international public and private investing platforms of Fidelity.

 

Mr Simmons also serves as a Senior Advisor at Further Global Capital Management, a private equity firm focused on financial services companies.

 

Mr Simmons is Chair of the Public Funds Investment Committee, responsible for the investment of Bermuda’s pension funds where he has spent 15 years as a member of the Board. He currently leads the Pension Fund Reform Committee established to address the underfunded status of Bermuda’s pension funds, serves as an advisor to Bermuda’s Minister of Finance and sits on the Board of Argus Group, a Bermuda multiline insurer. Mr Simmons was appointed as a Director to the Ivy UK Co-Invest Vehicle II Limited Ivy Re II Limited in May 2022, two co-investment platforms focused on the Life and Annuity Reinsurance industry.

 

Mr Simmons attended the University of Kent at Canterbury where he graduated with a law degree, the Inns of Court School of Law where he qualified as a barrister, and Harvard Business School where he graduated with a Masters in Business Administration..

Sam Wren

Chair of Remuneration Committee

Sam Wren

Ms Wren has more than 35 years experience in business having begun her career at Deloitte, Haskins and Sells (now PwC) working in audit, trust tax and business development before qualifying as an accountant at Rentokil Initial plc.  After four years as Chief Executive leading the private investment company IPGL, she is focused on her non-executive career in a small number of public companies.

Prior to IPGL, she spent ten years at ICAP plc and NEX plc.  ICAP was the world’s largest interdealer broker where she joined as Group Treasurer in 2009 before becoming CFO/COO of the Global Broking business which was ultimately sold to Tullett Prebon in 2017.  During that time, she focused on the globalization of that business, a significant cost reduction programme, finance transformation for the wider group and ultimately played a leading role in the disposal of the broking business.

She then became Chief Commercial Officer of NEX plc, the successor public company to ICAP which focused on electronic trading in foreign exchange and US government bonds as well as post trade and information services.  She also spent a period of time as Chief Commercial Officer of EBS Brokertec helping to transform that business, particularly from a technology standpoint.

She became CFO/COO of NEX joining the board in 2017 and was a key member of the team which led the successful disposal of the business in 2019 to the Chicago Mercantile Exchange (CME).

Prior to ICAP/NEX, Samantha spent 14 years at the Rank Group plc in a variety of roles mainly focused on corporate finance but also including tax, treasury, pensions and capital investment.  Over time, the group refocused from a large, international leisure and entertainment group to a gaming business and as a consequence of this, she gained extensive experience in acquisitions and disposals.

During her time at IPGL, she led a significant investment programme and was a board member of a variety of investee companies including the pari-mutual betting business The Tote, Tellimer - a global technology, data and information provider and BLOC Ventures - a specialist deep tech investor.

Samantha spent nine years as audit chair on the board of The City of London Investment Trust PLC, a UK equity income fund. She is also on the board of Chapel Down Group PLC, joined the Schroder Japan Trust PLC board in July 2024 where she chairs the audit and risk committee and from June 2025, the board of Next15 plc as senior independent director.

Ms Wren holds an honours degree in Economics from the University of Portsmouth and is a chartered management accountant.

Mark Merson

Chair of Audit and Risk Committee

Mark Merson

 

Mr Merson began his career in the financial services division of Arthur Andersen in London in 1989, becoming a partner in 1999. He provided audit and advisory services to banking and investment businesses throughout Europe before moving to Tokyo, from where he was responsible for all Andersen’s services to investment banks in Asia Pacific. He subsequently returned to London to become a partner in Deloitte Business Consulting.

 

In 2003, Mr Merson joined Barclays PLC as Group Financial Controller, leading the bank in the adoption of International Accounting Standards. In a 14-year career at Barclays he went on to become Head of Investor Relations; CFO for Corporate & Investment Banking; and latterly Deputy Group Finance Director, in which role he was leader of the global finance function.

 

Mr Merson was also a founding partner of Veritum Partners Limited, advisors to European financial services companies on their interaction with the equity market.

 

In a non-executive capacity, Mr Merson is Chair of Absa Securities UK Limited and a governor of Sevenoaks School.  He was formerly an independent non-executive director of Absa Group Limited, chairing the Board Finance Committee, the Group Risk and Capital Management Committee and the Group Credit Risk Committee.

 

Mr Merson is a chartered accountant and a graduate of Oxford University.


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