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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

 

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 and Deputy Chairman of Standard Chartered plc, where he also served as Chairman of the Risk Committee and the Audit Committee during his tenure on the board.

 

Mr Kheraj is Chairman of Rothesay Life, a specialist pensions insurer. Mr Kheraj spends a substantial amount of his time as a Senior Adviser to the Aga Khan Development Network; he serves on the boards of a number of entities within its network and chairs its Endowment Committee. He is also a member of the Finance Committee of the University of Cambridge and a Member of the Board of Gavi, The Vaccine Alliance where he chairs the Audit and Finance Committee.

 

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 also served as a member of the Investment Committee of the Wellcome Trust and the Finance Committee of Oxford University Press.

 

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

 

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..

Annemarie Durbin

Chair of Remuneration Committee

 

Ms Durbin began her career in the mid-1980s as a qualified and practising barrister and solicitor in New Zealand. In 1987, she moved into banking with ANZ Banking Group and relocated to the United Kingdom in 1990. Ms Durbin has more than 30 years international business and banking experience across Asia, Africa & the Middle East. Ms Durbin joined Standard Chartered, an international banking group, in 1995 and went on to hold a number of senior positions including being CEO and executive director of a large, publicly listed banking subsidiary in Thailand and, separately, as CEO in the Philippines. She also served as Group Company Secretary of Standard Chartered and as a member of the banking Group Executive Committee with a broad portfolio of responsibilities.

 

Ms Durbin has served on public company boards since 2012 and is a non-executive director and Chair of the Remuneration Committee at Persimmon Plc. She is currently the Senior Ringfence Bank director and Remuneration Committee Chair on the board of Santander UK PLC and Chair of Cater Allen Private Bank.

 

Formerly Ms Durbin held roles as NED & Remuneration Committee Chair of WHSmith PLC, NED of Ladbrokes Coral PLC and Fleming Family & Partners Ltd. She was also Chair of the Listing Authority Advisory Panel (LAAP) in the United Kingdom, advising the Financial Conduct Authority on the effectiveness of primary markets. Ms Durbin is also a provider of executive coaching, mentoring and leadership development services primarily through Merryck & Co. Ltd and, until July 2021, was its Board Chair.

 

Ms Durbin was educated at the University of Auckland, New Zealand where she graduated with Degrees in Law and Commerce. Annemarie has a Masters (MSc) in Executive Coaching from Ashridge Business School. She is also a Fellow of The Chartered Governance Institute.

Erica Handling

Director

 

Ms Handling began her career in 1988 at Allen & Overy LLP before moving to Weil, Gotshal & Manges LLP to help open their office in London. She became a partner there in 1998 and moved a team to Ashurst LLP in 2001 where she founded a securities and structured finance practice. After 10 years at Ashurst she moved to take on the role of General Counsel in Europe for Barclays Investment Bank from 2011 to 2015, where she served on the EMEA Executive Committee and Global Operating Committee. She then moved to BlackRock from 2015 to 2019 as the European General Counsel, where she served on various boards and committees and led major regulatory implementation projects including a two-year Brexit preparation project.

 

Ms Handling left BlackRock in 2019 to take up a non-executive role with the Government Legal Department where she remains on the Board today. Since that time she has developed a career as an executive coach, now working with leadership advisory firm Pelham Street.

 

Ms Handling also spends time working with various charities in the criminal justice sector and is currently a trustee with Working Chance, Deputy Chair of St Giles Trust, as well as Chair of Spark Inside.

 

Ms Handling was educated at Wycombe High School and Exeter University where she graduated with a degree in Law (LLB) before attending Guildford Law School.

Mark Merson

Chair of Audit and Risk Committee

 

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 is 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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