About us

Board of directors

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    Richard Laing
    Non-executive Chairman

    Richard Laing

    Non-executive Chairman  

    Richard brings long-standing experience of investing in international infrastructure along with a deep knowledge of investment companies and financial matters.

    Richard was Chief Executive of CDC Group plc from 2004 to 2011, having joined the organisation in 2000 as Finance Director. Prior to CDC, he spent 15 years at De La Rue, latterly as the Group Finance Director. He also worked in agribusiness and at PricewaterhouseCoopers and Marks & Spencer. His current non-executive appointments include chairman roles at Perpetual Income and Growth Investment Trust plc and Miro Forestry, and director roles at JPMorgan Emerging Markets Investment Trust plc and Plan International UK.

    He is a Fellow of the Institute of Chartered Accountants in England and Wales (FCA).

    Board member since 1 January 2016, resident in the UK.

    Committee involvement

    Management Engagement - Chairman
    Nomination - Chairman
    Investment - Member
    Remuneration - Member
    Disclosure - Member

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    Doug Bannister
    Non-executive Director

    Doug Bannister

    Non-executive Director  

    Doug has over 25 years of experience in the transportation sector, having led businesses trading around the world for P&O Nedlloyd and Maersk Line. He became Group CEO of the Ports of Jersey (Airport & Harbours) in 2011, with responsibility for the Island’s strategic aviation and maritime assets. 

    Doug provides experience in turnaround, restructuring and transformation of capital intense businesses to the Board, as well as specific knowledge in transportation and distribution sectors. 

    In 2016, Doug was awarded the Institute of Directors Jersey Director of the Year for large businesses. 

    Board member since 1 January 2015, resident in Jersey.

    Committee involvement:

    Audit and Risk - Member
    Management Engagement - Member
    Investment - Member
    Remuneration - Member
    Disclosure - Member

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    Wendy Dorman
    Non-executive Director

    Wendy Dorman

    Non-executive Director  

    Wendy brings to the Board leadership and corporate governance experience, alongside expertise in accounting and taxation. 

    Wendy has over 25 years’ tax experience, principally in the taxation of UK and offshore investment funds, advising on tax aspects of fund structuring, risk mitigation and compliance. She led the Channel Islands tax practice of PwC from 2008 to 2015. Wendy was Chairman of the Jersey branch of the Institute of Directors from 2014 to 2016 and is a former President of the Jersey Society of Chartered and Certified Accountants. 

    She is a non-executive director of Jersey Electricity plc and Jersey Finance Limited and Chairman of the Audit and Risk Committee of CQS New City High Yield Fund Limited. 

    Wendy is a Chartered Accountant.

    Board member since 1 March 2015, resident in Jersey.

    Committee involvement:

    Audit and Risk - Chairman
    Management Engagement - Member
    Investment - Member
    Remuneration - Member
    Nomination - Member
    Disclosure - Member

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    Ian Lobley
    Non-executive Director

    Ian Lobley

    Non-executive Director  

    Ian has been a Partner at 3i since 1994 and has been an active investor and board member across Europe, Asia and the USA.

    In his role as Managing Partner – Asset Management, Ian has responsibility for investments in companies across a variety of sectors and is an experienced board member across multiple geographies. 

    Over 30 years of investing and asset management, combined with an engineering background, allows Ian to bring valuable experience and insight into the assessment of new investments and the management of the portfolio to the 3 Infrastructure board. He is a member of the 3i Group Investment Committee.

    Board member since 6 May 2014, resident in the UK.

    Committee involvement:

    Investment - Member

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    Paul Masterton
    Non-executive Director, Senior Independent Director

    Paul Masterton

    Non-executive Director, Senior Independent Director  

    Paul brings extensive experience in leading and developing large companies, mergers and acquisitions, together with an international business perspective having worked in the USA, Europe and Asia. 

    He spent 25 years with RR Donnelley, latterly as president for the company’s businesses in Europe, Russia and India. More recently Paul chaired and led the formation of Digital Jersey, a development agency, and brings a digital technology perspective to the Board. From 2008 to 2013, Paul was the chief executive of the Durrell Wildlife Conservation Trust, an international wildlife charity.

    His current non-executive appointments include Insurance Corporation CI (Chair), Jersey Development Company (Senior Independent Director), and the Channels Islands Competition & Regulation Authority. 

    Board member since 4 April 2013, resident in Jersey.

    Committee involvement:

    Remuneration - Chairman
    Audit and Risk - Member
    Management Engagement - Member
    Investment - Member
    Nomination - Member
    Disclosure - Member

  • Robert Jennings_board
    Robert Jennings CBE
    Non-executive Director

    Robert Jennings CBE

    Non-executive Director  

    Robert brings significant experience as a corporate financier in the UK, European and Asian infrastructure markets. In his career he has focused particularly on railways and water but also has experience of airports, ports and ferries and renewable energy. He previously worked in HM Treasury as a special adviser to the transport team.

    He has been Chairman of Sequoia Economic Infrastructure Income Fund Limited since its inception in 2015, and is the Department for Transport nominated non-executive director with Crossrail Limited.

    He was Chairman of Southern Water until February 2017.

    He qualified as a Chartered Accountant early in his career and was joint head of UBS’s Infrastructure Advisory business until he retired from the bank in 2007.

    Board member since 1 February 2018, resident in the UK.

    Committee involvement:

    Audit and Risk - Member
    Management Engagement - Member
    Investment - Member
    Remuneration - Member
    Disclosure - Member

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