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Our Board

RIT Capital Partners plc has a world class Board, maintaining rigorous standards of corporate governance. 

You will find information about our Board committees here.

You will find the profiles of Directors below.

John Cornish
John Cornish
John Cornish

John Cornish

Non-Executive Director of investment companies

John Cornish joined the Board of the Company as a non-executive Director in January 2008. He is Chairman of the Audit and Risk Committee and the Valuation Committee and a member of both the Remuneration and Conflicts Committees. John is also Chairman of the Trustees of the RITCP Pension and Life Assurance Scheme.

He is a chartered accountant and was formerly a partner at Deloitte LLP where he led the firm’s services to the investment trust industry. Subsequently, John served as Chairman of Framlington Innovative Growth Trust plc and as a director of a number of other investment trust companies. Currently he is a director of Henderson EuroTrust plc.

John Cornish
Non-Executive Director of investment companies

Jean Laurent-Bellue

Group Secretary General, Edmond de Rothschild Holdings

Jean Laurent-Bellue joined the Board of the Company as a non-executive Director in March 2012.

He is Group Secretary General of Edmond de Rothschild Holdings in Geneva and Board member of the Banque Privée Edmond de Rothschild. He joined LCF Edmond de Rothschild Group in 2004 as a member of the Executive Board of La Compagnie Financière Edmond de Rothschild Banque. He was Chairman of the Executive Board of Edmond de Rothschild Corporate Finance from 2004 until 2009 when he became General Secretary at Compagnie Financière Saint Honoré.

Previously, he was a member of the Executive Board of Clinvest (the Investment Banking arm of the Crédit Lyonnais).

The Board has determined that he is not independent due to his senior role with the Edmond de Rothschild Group, with which the Company has a joint venture.

Jean Laurent-Bellue
Group Secretary General, Edmond de Rothschild Holdings
Michael Marks
Michael Marks
Michael Marks

Michael Marks CBE

Chairman, MR Capital Consultants Limited

Michael Marks joined the Board of the Company as a nonexecutive Director in September 2004 and became its Senior Independent Director in July 2010. He is a member of the Conflicts, Nominations and Remuneration Committees.

He is Chairman of MR Capital Consultants Limited and was Chairman of NewSmith Capital Partners LLP, which he founded in 2003. He was formerly Co-Head of the Global Equities business of Merrill Lynch, which he joined in 1995 and where he subsequently held positions as Chief Operating Officer of Merrill Lynch Europe, Middle East and Africa. He was subsequently named Executive Chairman. He was also Executive Vice President of Merrill Lynch & Co., Inc.

Michael began his career at Smith Bros. in 1958, where he became a director in 1975 and Chief Executive of Smith New Court in 1987. He was a non-executive director of Old Mutual plc from February 2004 to May 2007 and a non-executive director of London Stock Exchange plc until 2004.

Michael Marks CBE
Chairman, MR Capital Consultants Limited
Mike Power
Mike Power
Mike Power

Mike Power

Professor of Accounting, London School of Economics and Political Science

Mike Power joined the Board of the Company as a non-executive Director in January 2014 and is a member of the Audit and Risk Committee and the Valuation Committee.

He is a Fellow of the Institute of Chartered Accountants in England and Wales and Professor of Accounting at the London School of Economics and Political Science, where he is a Governor and has written extensively on risk and corporate governance issues. He was a non-executive director of St. James’s Place plc from 2005 to 2013 where he chaired the Risk Committee and was a member of the Audit Committee. He remains on the board of St James’s Place International plc, which he joined in September 2012 and was appointed as its Chairman in 2014.

Mike has held a number of other advisory positions, including the Financial Reporting Lab Advisory Committee at the Financial Reporting Council, and the Technical Development Committee of the Institute of Risk Management. He also holds honorary doctorates from the Universities of Uppsala, Sweden; St Gallen, Switzerland; and Turku, Finland. In 2016 he was elected as a Fellow of the British Academy.

Mike Power
Professor of Accounting, London School of Economics and Political Science

Hannah Rothschild

Non-executive Director of various companies

Hannah Rothschild joined the Board of the Company as a non-executive Director in August 2013.

Hannah has been involved with media for the past twenty years. An award-winning documentary film maker, she also writes articles, screenplays and books.

In addition, she is a non-executive director of WHAM, a director of Five Arrows Limited and serves as a Trustee of the Rothschild Foundation.

As well as her career in media, she has been involved in public service, including acting as a Trustee of the National Gallery and of the Tate. She became Chair of the Board of Trustees of the National Gallery in August 2015.

Hannah Rothschild
Non-executive Director of various companies

Amy Stirling

Non-executive Director

Amy Stirling joined the Board of the Company as a nonexecutive Director in February 2015 and is a member of the Audit and Risk Committee and Valuation Committee.

She is a chartered accountant and is Chief Financial Officer of the Virgin Group.

Until July 2017, Amy served as a Director and Chair of the Audit Committee of Pets at Home Group Plc. She also served as the Chief Financial Officer of TalkTalk Telecom Group Plc until 2013, having been with the business since its start up as part of the Carphone Warehouse Group, which she joined in 2000.

Amy Stirling
Non-executive Director
The Duke of Wellington
The Duke of Wellington
The Duke of Wellington

The Duke of Wellington OBE DL

Chairman, Richemont Holdings (UK)

The Duke of Wellington (formerly Lord Douro) joined the Board of the Company as a non-executive Director in July 2010. He is Chairman of the Conflicts and Remuneration Committees and a member of the Nominations Committee.

He has broad experience in banking and finance, having served as Chairman of Sun Life and Provincial Holdings from 1995 to 2000 and of the Framlington Group from 1994 to 2005. He is currently a director of Compagnie Financière Richemont. He served on the Board of Sanofi until May 2014 and was until 2011 a director of Pernod Ricard and Abengoa Bio-Energia.

The Duke of Wellington is Chairman of Richemont Holdings (UK) Limited. He is a member of the House of Lords and was a member of the European Parliament from 1979 to 1989.

From 2007 to 2016 he was Chairman of King’s College London and since 2014 he has been a governor of Wellington College.

The Duke of Wellington OBE DL
Chairman, Richemont Holdings (UK)

Mike Wilson CBE

Joint Founder and Life President, St James's Place plc

Mike Wilson joined the Board of the Company as a nonexecutive Director in October 2013 and is a member of the Audit and Risk Committee and the Remuneration Committee.

He is Joint Founder and Life President of St James’s Place plc and Chairman of the St James’s Place Foundation. He has worked in the financial services industry over many years and was a director of Allied Dunbar and BAT Industries before jointly founding J. Rothschild Assurance (now St. James's Place) in 1991. Following 13 years as Chief Executive of St James's Place he was appointed Chairman, a role he held until the end of 2011.

Mike was a non-executive director of Vendôme Luxury Group plc and Chairman of the Mental Health Association for many years. In 2010 Mike became a director of the newly formed research charity MQ: Transforming Mental Health.

Mike Wilson CBE
Joint Founder and Life President, St James's Place plc

Philippe Costeletos

Private Investor

Philippe Costeletos joined the Board as a non-executive director in July 2017 and is a member of the Valuation Committee. 

He has over 25 years’ of private investing experience spanning several investment cycles, investment types, including start-ups, growth capital, and buyouts and geographies, including emerging markets.

Philippe was formerly Chairman of International for Colony Northstar, a leading global real estate and investment management firm. Previously, he was Head of TPG Capital in Europe and served as a member of TPG’s Global Management and Investment Committees, being responsible for investment strategy during a period which included investments in TIM Hellas, where he was Chairman, and Debenhams plc, where he was a member of the Board.

Philippe Costeletos
Private Investor

Baroness Ariane de Rothschild

Honorary Vice Chairman

​Ariane de Rothschild was appointed as Honorary Vice Chair of RIT in March 2012.

She is the Chairwoman of the Executive Committee of the Edmond de Rothschild Group. She holds other various board positions across the group, including Edmond de Rothschild (Suisse), Edmond de Rothschild (France) and Barons & Baronne Associés.

Ariane started her career as a trader in foreign exchange and metals with Société Générale in Australia and in New York. She then joined US insurance corporation AIG and successfully developed the group’s trading operations in Europe.

The Honorary Vice Chair is not a Director of the Company.

Baroness Ariane de Rothschild
Honorary Vice Chairman