CISI Board of Directors

Michael previously spent 35 years with BNY Mellon, the last 7 years serving as Chairman of BNY Mellon Europe, Middle East and Africa. In that role Michael was responsible for BNY Mellon’s governance culture in Europe, Middle East and Africa (EMEA) and led regional strategy development, execution and the delivery of enterprise initiatives in the region. Michael joined BNY Mellon over 35 years ago, starting initially as a credit and risk analyst. Michael was then appointed as a corporate finance banker to special industry clients, including Securities, Oil and Gas and Telecoms between 1986 and 1993. Michael then joined the Depositary Receipts (DR) division where he continued to work on many DR equity capital raising transactions, including numerous privatisations and equity offerings around the world. Michael ran BNY Mellon's Issuer Services Group in Hong Kong for seven years from 1993-2000, before serving as CEO of the company’s global Depositary Receipts business. He was BNY Mellon’s EMEA Chairman since 2011.

External to AFME, Michael sits on numerous financial service industry associations, a member and co-chair of the Wholesale Banking Group of the European Financial Services Chairman’s Advisory Council (EFSCAC), as well as a member of the advisory council for TheCityUK, and FICC Markets Standards Board Advisory Council. The British American Business International Advisory Board (recent past Advisory Board member), the Official Monetary and Financial Institutions Forum (OMFIF) Advisory Board. He is also a Board and Executive Committee Member of the Global Financial Markets Association (GFMA). He is Trustee of a mental health charity CWMT Org and director of Ranmore Strategic Advisory.

Alan Ramsay has spent the greater part of his career in financial services regulation and is currently Chief Executive of the International Property Securities Exchange and Deputy Chairman of CISI.

Alan was previously a Senior Advisor to PricewaterhouseCoopers advising clients on a wide range of compliance and regulatory issues within their Banking & Capital Markets Practice and Global Head of Compliance for HSBC Bank Plc whom he joined from Bankers Trust International where he occupied a similar role. At an earlier stage in his career, Alan was Executive Director of Surveillance at the Securities and Futures Authority and also occupied senior positions at both The London Stock Exchange and The Securities Association.

A Chartered Accountant by training, Alan is an Honorary Fellow of the Institute, Chairman of the Audit Committee and member of both the Nominations and Remuneration Committees. He has served on the Board of the Futures & Options Association and is Visiting Professor in the Practice of Financial Regulation and Compliance at BPP Law School.

Chris Allen was appointed HSBC’s Regional Head, Global Private Banking EMEA in April 2018, having previously served as Chief Executive Officer of HSBC Private Bank in the UK with oversight of HSBC Private Banking’s businesses in the Channel Islands, France and Germany. Chris is a member of the Global Private Banking Executive Committee and the HSBC Bank plc Executive Committee, which is responsible for the UK and Continental Europe. Prior to becoming CEO of the UK Private Bank in July 2012, Chris was Chief Executive of HSBC Alternative Investments Limited, and he has over 20 years’ experience in Financial Services and Investment Management. Chris holds a first class honours degree in Land Economics from the University of Sheffield and an Investment Diploma from Cambridge University and City University Business School.

Fionnuala Carvill, Chartered FCSI FCIB FCIS is a Non-Executive Director of Investec Bank (Channel Islands) Limited and Princess Private Equity Holding Limited, an investment holding company listed on the Main Market of the London Stock Exchange. Previous positions held include Head of Private Wealth Management at Kleinwort Benson Guernsey, Commission Secretary and Head of Innovation at the Guernsey Financial Services Commission and Director of Rothschild Bank (CI). In 2009 Fionnuala spent five months in China as a volunteer with VSO where she was an Organisational Development Adviser.

Fionnuala is a Board Member of the Chartered Institute for Securities & Investment; a Past President, and committee member of the Chartered Institute for Securities & Investment, Guernsey Branch; a Chartered Fellow of the Chartered Institute for Securities & Investment; a Fellow of the London Institute of Banking & Finance (Chartered Institute of Bankers); a Fellow of ICSA: The Governance Institute and a Chartered Governance Professional; an Ambassador for the Chartered Management Institute; a past Council Member of the Guernsey Chamber of Commerce; a director of The Guernsey Community Foundation; a member of the Institute of Directors; Past President of Women in Professions; a Liveryman of the Worshipful Company of International Bankers and was granted Freedom of the City of London in 2007.

Richard is CEO of Aberdeen Standard Capital. He joined Standard Life in February 2007 with a brief to create and launch Standard Life Wealth to the market. Richard has overseen the growth of the business, which is recognised as a major provider of discretionary fund management in the UK Wealth management sector. Richard is also a non-executive director of HDFC International Life and RE Company, a Dubai based JV.

Immediately before joining Standard Life, Richard was CEO of Williams de Broe and prior to that he was CEO of Lloyds TSB Private Banking, Lloyds TSB IFA and Lloyds TSB Stockbrokers.

Richard is a board director and Fellow of the Chartered Institute for Securities & Investments and chairs the CISI Ethics and Integrity Committee. He is also a member of the Worshipful Company of International Bankers and the Cornhill Club. He served with the British army in the mid 1980s and holds an honours degree in Geography from the University of Durham.

Debbie Clarke is Managing Director of New Clarke Ventures, providing corporate finance advice to private companies and their shareholders. She is a former Head of M&A at Moore Stephens and has over 20 years’ experience in both the public and private markets. Debbie started working with the CISI in 2005 helping the development of the Corporate Finance professional interest forum (PIF), which she then went on to chair from 2012-2016. She is currently a member of the joint ICAEW/CISI Diploma in Corporate Finance Examination Panel, chairs the CISI Examinations Board and is a member of the Audit Committee.

Danny is Chief Executive of London Reporting House Ltd a UK start-up ancillary service provider acting for financial institutions that have a regulatory reporting requirement. He chairs the CISI International Committee He was formerly CEO of ED&F Man Capital Markets CEEMA Ltd, Advisor to the CEO of the Astana International Financial Centre Authority, working on the development of the Astana International Exchange, and CEO of CME European Trade Repository and a Managing Director at ICAP in London where he ran an OTC Derivatives desk, focused on the Russian financial markets.

He chaired The CityUK Eurasia Group from 2010-2018, worked twice in Moscow at Renaissance Capital and latterly ING Eurasia. He is a former member of the Bank of England’s Money Market Liaison Group, was the 'front man' for LCH's RepoClear and established Bond and RepoClear in Sydney.

Danny has an MBA in Finance from Cass Business School, an Honours Degree in Economics from the University of Liverpool and has written five books the most recent of which is on Collateral.

Tracey is Chief Executive of Heartwood Wealth Management Ltd, a wholly owned subsidiary of Handelsbanken Plc. Heartwood operates under the names Handelsbanken Wealth Management and Heartwood Investment Management. Tracey started her career at Barclays where she worked across the UK latterly in a variety of senior positions within the corporate and wealth management divisions. Tracey joined Handelsbanken in 2003 quickly becoming Senior Vice President and Head of Northern UK. Tracey was entrusted to lead an acquisition team to identify and acquire an investment and wealth management business. After the successful acquisition of Heartwood, Tracey was appointed CEO in 2014. Tracey is a member of the Board of the PIMFA, a Chartered Member of CISI, where she is also a member of the Integrity and Ethics Committee. Tracey was named one of PAM’s Top 50 Most Influential in 2019. She also received the ‘Initiatives in Diversity’ award at The City of London Wealth Management Awards 2019.

Petros Florides has over 25 years’ financial services experience. He is currently employed as a Senior Regional Governance Advisor for World Vision International and is responsible for the region extending from Ireland to New Zealand. Petros has also published articles on governance in the public sector and wrote a Code for Public Sector Governance which, after five years of public consultation, was recently approved by the Cyprus Council of Ministers for implementation. He is also a Non-Executive Director of Windsor Brokers, Cyprowealth Advisory Services and Pearlscope Limited - all Cyprus registered companies. Petros is Co-Founder and current President of CISI’s Cyprus National Advisory Council and is a Board member of the Institute of Directors (Cyprus Branch). He is also a trainer for professional and executive courses (including CISI qualifications) in the areas of governance, risk, ethics and compliance through CISI Accredited Training Providers, and speaks at public events on the same subjects.

Philippa began her career at Citibank NA before joining Bowater in their Corporate Treasury Department in 1979, leaving in 1988 as Group Treasurer. She was Group Finance Director at DG Gardner Group, a training organisation, prior to joining Thorn EMI in 1993 as Group Treasurer until 2000. In 2001 she was appointed Director of the Institute of Business Ethics. Philippa served on the Woolf Committee 2007/8 looking at ethical business practice in BAE Systems plc; and has been appointed to the Advisory Board of the Centre for Corporate Reputation at the Saïd Business School at Oxford University and consequently as a Visiting Fellow of the University. Philippa is also on the Board of the Institute of Directors and of RAND Europe. In 2006 she was awarded the OBE for services to the Ministry of Defence where she was formerly a NED and Chair of the Defence Audit Committee. She is past President of the Association of Corporate Treasurers (1999-2000). In the 2014 New Years Honours she was awarded a CBE for services to Antarctic Heritage.

Clair Mills is the Chief Operating Officer for the Prudential Regulation Authority (PRA), within the Bank of England, and is responsible for PRA operations, which includes delivery of the PRA’s Operating Strategy, Budget, Internal Communications and the Investment and Change Portfolio. Other areas of responsibility include managing Data Innovation, RegTech and the PRA’s preparation for Brexit across the organisation. Clair has over 20 years’ extensive financial services experience operating at board level and leading successful strategic and transformational change in a number of complex organisations, having started her career in the Building Society and Retail Banking sector, before moving into Operational and Technological Change Management and Consultancy. Clair joined the Financial Services Authority in 2011 to lead the Internal Twin Peaks programme to transition to the PRA and FCA regulatory model, moving across to the Bank of England with the PRA. In her current role, as well as providing the leadership, management and vision necessary to support the business and to ensure that the proper operational controls, administrative and reporting procedures, and people systems are in place, Clair is also responsible for driving a demand led data approach for the PRA, this includes giving key note speeches both in the UK and internationally on topics such as Regulatory Technology (RegTech) and how regulators can take advantage of the advances in technology in the work we do.

Claire is a Managing Director and the UK Head of Exchange Traded Funds at State Street Global Advisors. She is responsible for the distribution of index products to institutional investors, wealth managers, family offices and retail platforms.

Prior to joining State Street, she was a Managing Director at BlackRock where she was UK Head of iShares Wealth Management and Retail Sales. She also served as Co-Head of BlackRock’s Women’s Network for EMEA. She joined iShares in 2008.

She spent the first nine years of her career at UBS – in Emerging Markets institutional sales, and in business development within Wealth Management.

Claire is a graduate in Money, Banking & Finance from the University of Birmingham, holds the Chartered Alternative Investment Analyst designation, and is a Chartered Member of the Chartered Institute for Securities & Investment.

She is also non-executive director of the Chartered Institute for Securities & Investment, also serving on their Investment Committee and the Editorial Panel of their quarterly journal

Puranam Hayagreeva Ravikumar (P.H. Ravikumar) is the Chairperson of CISI’s India Advisory Committee. He is a banker by profession, a commerce graduate and an associate of Indian Institute of Bankers, Mumbai and of Chartered Institute of Bankers, London. He is an Honorary Fellow of the CISI.

He is currently the Director and co-founder of Vastu Housing Finance Corporation Ltd, an affordable mortgage lending entity in India. He was Chairman of Board of Directors of Bharat Financial Inclusion Ltd, the largest listed microfinance entity in India, which merged with Indusind Bank in July 2019. He is also a member of the Board of Directors of several listed and unlisted entities spanning financial sector segments such as mutual funds and pensions.

Martin is currently Head of Business Development at Paradigm Norton Financial Planning. Martin began his career in customer services at financial advisers RJ Temple, moving in 1994 to Medical Money Management before joining David Jones Financial Planning as a financial planner in 2000 and later becoming a director. In 2012 Paradigm Norton acquired David Jones, when Martin became Head of Business Development. Martin was a member of the Board of the Institute of Financial Planning when its assets were acquired by CISI in 2015. He is chairman of CISI’s Financial Planning Professional Forum a Certified Financial Planner and Chartered Member of CISI.

Clive Shelton is Chairman of the Tax Incentivised Savings Association (TISA). He has served on a number of industry bodies, working groups and committees. Clive is Chairman of the CISI Examination Board and co-author of various books published by the Institute. He is also a non-executive Director of Unicorn Training Group a provider of learning management systems and content and a member of the Investment Management Association's Education & Training Committee.

After 14 years at the Bank of England he joined the M&G Group in 1987, becoming Chief Registrar in 1992, and following the acquisition of M&G by the Prudential PLC, an associate director in 2000 and Director of Compliance responsible for retail operations and third party administration in 2001. He joined International Financial Data Services (UK) Limited in February 2003 where he was responsible for overseeing Compliance, Risk Management, Business Continuity Planning and Financial Crime Prevention across their European and Asian operations until 2017.

After attaining a degree in Politics and Economics from The University of Newcastle upon Tyne, Nick started his professional career as a private client stockbroker with Wise Speke then in 1990 and after gaining the CISI Diploma, became a member of the London Stock Exchange. Nick developed his career by working for two international banks, Merrill Lynch and UBS before becoming Regional Director of Rathbones heading up its Newcastle upon Tyne office.

As well as his role on the CISI Board, Nick chairs both the Investment Committee and the Membership Committee and is the Board appointee on of the CISI Educational Trust. Nick is Chairman of the Board at the Theatre Royal, Newcastle and is Trustee of both the Newcastle University Retirement Benefits Fund and the University's Development Trust.

Becky is Managing Director of Aurea Financial Planning Ltd based in Peterborough working with both individuals and companies creating long term Financial Plans. As a CFP licensee and Fellow of the Institute of Financial Planning, Becky is a strong believer in the six stage Financial Planning process and the need for cashflow planning. She has a strong drive to help provide Financial Planning to all clients, not just those of Aurea and was instrumental in the project to launch the Accredited Financial Planning firm in the UK and is also a regular speaker on Financial Planning subjects.

Becky is the current President of the Institute of Financial Planning. She has been the UK member of the International Council of the Financial Planning Standards Board since 2012 and was part of the Governance review of the organisation in 2014. She also chaired the launch of the Member Advisory Group which was formed as a result of the governance review.