Finance Yorkshire appoints new board directors
Published: 19th January 2021
Finance Yorkshire has appointed two new board directors and two new members to its Investment Advisory Panel (IAP), which monitors the performance of its fund management teams.
John Warner and Nigel Ward have joined as non-executive directors and Melanie Perkins and Peter Tait will provide support and advice to the Finance Yorkshire board on the performance of its funds as IAP members.
The new appointments come as Finance Yorkshire is well advanced in developing its new investment fund to support business growth across the region. The fund is being created using the legacy monies created by the success of Finance Yorkshire’s previous fund and has the support of the two Government departments, which provided a proportion of its original investment capital.
John Warner is senior partner at BHP Accountants after spending 10 years as its managing partner. He was a member of Finance Yorkshire’s IAP and is chairman of the South Yorkshire Investment Fund. John is also a trustee of a number of local charities.
Nigel Ward was a partner at PwC where he headed up their Northern Transaction Services practice for many years advising businesses across a range of industry sectors on acquisitions, disposals and finance raising. He holds a number of other non-executive roles providing commercial advice to companies in the region.
Melanie Perkins is an experienced commercial private equity professional and held executive roles with the British Business Bank, Capital for Enterprise and 3i. She is a non-executive director of The Key Fund.
Peter Tait has more than 35 years’ experience working in the asset management, investment trust and pension fund industries. He is a director of the Murray Income Trust and a member of the Joseph Rowntree Foundation’s Finance and Investment Committee.
Finance Yorkshire chairman James Newman said: “These important appointments are being made as Finance Yorkshire enters a new chapter, to create a new fund that will build on the successful achievements of our previous fund.
“Strengthening our board and the IAP provides us with additional, valuable commercial experience and scrutiny to ensure the new fund invests to enable companies across the region to realise their ambitions to grow and prosper.
“I would also like to thank Peter Myers and Peter Yendell, who are retiring from the Board and IAP respectively, for their significant contributions to the success of Finance Yorkshire over many years. Their wise counsel and experience will be missed.”
Finance Yorkshire has published its Pre Qualification Questionnaire (PQQ) (https://www.finance-yorkshire.com/tenders) for its new fund, inviting interested fund managers to apply to manage its investment activities.
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