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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.

Philippe Costeletos

Private Investor

Philippe Costeletos joined the Board as a non-executive Director in July 2017 and became its Senior Independent Director in April 2019. He is Chairman of the Conflicts Committee and of the Remuneration Committee and a member of the Nominations Committee, and the Valuation Committee. 

He has over 30 years’ of private investment and board governance experience and is Founder of Stemar Capital Partners, a private investment firm focused on building long-term investment platforms. 

Philippe was formerly Chairman of International of Colony Capital, a global real estate and investment management firm. Previously, he was Head of Europe at TPG, a leading global private investment firm and a member of TPG’s Global Management and Investment Committees. Prior to that, Philippe was a Member of the Management Committee at Investcorp, a leading manager of alternative investment products.  Previously, Philippe held positions at JP Morgan Capital, JP Morgan’s Private Equity Group and Morgan Stanley.

Philippe is Chairman of Mistral Fertility and a board member of Digital Care, Vangest Group and Generation Home.  He is a Senior Advisor to the Blackstone Group.  Philippe is a member of the President’s Council on International Activities at Yale University and the Yale Centre for Emotional Intelligence Advisory Board. He graduated magna cum laude with a BA with distinction in Mathematics from Yale University and received an MBA from Columbia University.   

 

Philippe Costeletos
Private Investor

Maggie Fanari

Managing Director, Ontario Teachers’ Pension Plan

Maggie Fanari joined the Board of the Company as a non-executive Director in April 2019 and is a member of the Conflicts Committee, the Nominations Committee and the Remuneration Committee.

Maggie is the Managing Director, Global Head High Conviction Equities at Ontario Teachers’ Pension Plan which has a global mandate to invest in public and private companies. She started her career as an auditor at KPMG and previously worked in equity research at Scotia Capital.

Maggie is a Chartered Accountant and a CFA charterholder. She also holds a BBA from the Schulich School of Business at York University and ICD.D certification from the Institute of Corporate Directors.

Maggie Fanari
Managing Director, Ontario Teachers’ Pension Plan

Vikas Karlekar

Non-Executive Director

Vikas Karlekar joined the Board as a non-executive Director in August 2022. 

He is a qualified chartered accountant, and a graduate of the London School of Economics specialising in Management Sciences and has held a number of senior finance roles across the financial services industry.  Vikas is currently Managing Director of Group Finance at Intermediate Capital Group PLC, a FTSE100 Asset Manager specialising in private markets, covering all aspects of financial and regulatory reporting, valuation governance, key accounting judgments, financial planning and analysis, and platform and operating model transformation. In addition, he is a member of the Board of Trustees, and Treasurer, of the Pepal Foundation, a charity focused on bringing together NGOs and global corporations to develop leaders and find practical solutions to challenging social issues.

Vikas previously spent 10 years at Barclays in a series of pan finance leadership roles, including Global Finance Controller for Barclays International Division, managing all aspects of financials, key accounting decisions, valuations, driving technology and process improvements, and leading key regulatory relationships. He also spent thirteen years at UBS Investment Bank, in both London and New York in various finance leadership roles.  Vikas qualified as a chartered accountant with KPMG.

Vikas Karlekar
Non-Executive Director

Sir James Leigh-Pemberton

Non-Executive Chairman, RIT Capital Partners

Sir James Leigh-Pemberton is Non-Executive Chairman of RIT Capital Partners having joined the Board of the Company as a non-executive Director in April 2019.  He is Chairman of the Nominations Committee and a member of the Conflicts Committee, of the Remuneration Committee and of the Valuation Committee. He previously served as an independent non-executive Director of RIT Capital Partners plc from 2004 to 2013.

Sir James joined UK Financial Investments (UKFI) in October 2013 as Chief Executive and in January 2014 was appointed Executive Chairman. On 1 April 2016 he became Non-Executive Chairman of UKFI. Following the merger of UKFI and UK Government Investments (UKGI), he became Deputy Chairman of UKGI.

Before joining UKFI, Sir James was Managing Director and Chief Executive Officer of Credit Suisse in the UK, based in London. In this role, he was responsible for developing the Bank’s client relationships in Private Banking, Investment Banking and Asset Management in the UK. He was also a member of the Credit Suisse Europe, Middle East & Africa (EMEA) Operating Committee. He joined Credit Suisse First Boston (CSFB) in 1994. Prior to joining CSFB, he was a Director of S.G. Warburg Securities, where he worked for 15 years.

In the 2019 New Year Honours List, Sir James received a knighthood for services to financial services, British industry and government.

Sir James Leigh-Pemberton
Non-Executive Chairman, RIT Capital Partners

Cecilia McAnulty

Non-Executive Director

Cecilia joined the board as a non-executive director in August 2022.

She is a qualified accountant and has held senior investment roles for banks and hedge funds. Her investment experience encompasses several asset classes including distressed debt, private equity and credit.

Cecilia is a non-executive director and audit chair of both Northern 2 VCT plc and Polar Capital Global Financials Trust plc and an independent NED of Alcentra Limited, an asset manager wholly owned by Bank Of New York Mellon, specialising in sub investment grade credit. She is also a member of the Industrial Development Advisory Board, part of The Department of Business, Energy & Industrial Strategy (BEIS) which advises on grants to UK businesses.

She has held senior roles at Centaurus Capital, Barclays Capital, Royal Bank of Scotland and PWC. She qualified as a chartered accountant with Peat Marwick (now KPMG) in Glasgow. She has also held a number of charity roles including chair of the Finance and General Purposes Committee for English National Ballet.

Cecilia McAnulty
Non-Executive Director

Maxim Parr

Executive Chairman, nr2

Maxim Parr joined the Board as a non-executive Director in May 2020 and is a member of the Conflicts Committee, the Remuneration Committee and the Valuation Committee. 

Maxim Parr started his career at Jardine Matheson and has over 15 years’ experience working in cross-border investment between Asia and Europe. Maxim lived in Beijing for well over a decade where, as Founder and CEO of Atlas Capital Group, he worked alongside FTSE100 and European corporates on their China investment strategy in start-ups, growth capital and buyouts.

Working between Paris and Asia, Maxim is the Executive Chairman of nr2, a cross border technology investment platform.

Maxim graduated with  First Class Honours from the School of Oriental and African Studies and was awarded the Stephen K Hassenfeld Fellowship to study at the Hopkins Nanjing Centre of the School of Advanced International Studies.

He is fluent in Mandarin and proficient in Cantonese, Russian, German and French.

Maxim Parr
Executive Chairman, nr2

André Perold

Managing Partner & Chief Investment Officer, HighVista Strategies

André Perold joined the Board of the Company as a non-executive Director in April 2018 and is a member of the Audit & Risk Committee.

André is Co-Founder, Managing Partner and Chief Investment Officer of HighVista Strategies, a Boston based investment firm. He is a board member of the Vanguard Group, the global investment company and also serves on the Investment Committee of the Partners Healthcare System and for the Museum of Fine Arts. He was previously the George Gund Professor of Finance and Banking at the Harvard Business School where he also held senior roles including Chair of the Finance Faculty and Senior Associate Dean.

André Perold
Managing Partner & Chief Investment Officer, HighVista Strategies
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 Chairman of both the Valuation Committee and the Audit and Risk 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 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. In 2016 he was elected as a Fellow of the British Academy.

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

Jutta af Rosenborg

Non-Executive Director

Jutta af Rosenborg joined the Board as a non-executive Director in May 2022 and is a member of the Audit and Risk Committee and Valuation Committee.

She is a qualified accountant and holds a Master’s degree in Business Economics and Auditing from Copenhagen Business School and has held a number of senior roles in group finance, auditing and risk management.

Jutta is a non-executive director of JPMorgan European Growth & Income plc and chair of its audit committee. In addition, she is a non-executive director of Nilfisk Holding A/S and chairs its audit and remuneration committees. She is also a member of the supervisory board of BBGI SICAV S.A., where she chairs the audit committee.

She was previously a non-executive director at abrdn plc (formerly Standard Life Aberdeen plc) and NKT A/S, and was also executive vice president, chief financial officer of ALK Abelló A/S and chairman of Det Danske Klasselotteri A/S.

Jutta af Rosenborg
Non-Executive Director

Hannah Rothschild CBE

Non-Executive Director of various companies

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

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.

Hannah is also a writer and filmmaker with a long standing career in the media. Her first novel, The Improbability of Love was published in the UK, US and ten other countries.

She has served as chair of the Trustees of the National Gallery, becoming the first woman to do so.

In the 2018 Queen's Birthday Honours, Hannah was appointed Commander of the Order of the British Empire (CBE) for services to the arts and to charity.  

Hannah Rothschild CBE
Non-Executive Director of various companies