Sir Nigel Rudd
Sir Nigel Rudd is best known as founder of Williams plc in 1982, which went on to become one of the largest industrial holding companies in the United Kingdom until its demerger in November 2000, creating Chubb plc and Kidde plc. He is presently Chairman of BAA Limited and the technology company Invensys plc, and has been a long-term advocate of a fund of this kind. Sir Nigel became Chairman of BGF in February 2011. Sir Nigel was knighted in 1996 for services to manufacturing. He has a long record as an active angel investor in small and medium-sized businesses. He has been Chairman of some of the largest companies in the UK, including Pilkington, Alliance Boots and the UK’s largest car retailer, Pendragon PLC, the company he founded with one dealership in 1982. He was a Director of Barclays PLC for 13 years, latterly as Deputy Chairman.
Stephen Murphy currently serves as Principal of his own advisory business, as well as sitting as Chairman at The Learning Clinic, an award winning healthcare technology company and as an adviser to Ashcombe Advisers – a boutique corporate finance house. Previously Stephen was Group CEO of Virgin Group from 2005-2011 having succeeded the Founder, Sir Richard Branson. Stephen joined the Virgin Group in 1994 with a remit from Richard Branson to rationalise and restructure the business following the sale of Virgin Music. In 2000 he briefly left the Group to become CEO of IP Powerhouse, but rejoined Virgin in 2001 to take responsibility for all of Virgin’s aviation and rail interests.
Stephen oversaw the creation of many new Virgin businesses including Virgin Blue in Australia and Virgin America in the US. In total, Virgin has created more than 300 branded companies worldwide, employing 50,000 people in 30 countries. Global branded revenues for the Group in 2010 exceeded $20 billion, and the company is valued at $3.5bn. Stephen has extensive experience of working with entrepreneurs across a variety of sectors. Stephen completed his schooling and went to university in Liverpool, later qualifying as a chartered management accountant. His early career was in fast moving consumer goods (FMCG) and retail with stints at Unilever, Mars Group, Burton Group and Quaker Oats.
Neil Johnson is currently Chairman of Synthomer plc (formerly named Yule Catto & Co plc), Motability Operations Group plc, a major finance and leasing company owned by the UK banks and e2v plc. He was previously Chairman of the international model and toy company Hornby Plc, Umeco Plc, the aerospace and defence advanced composites engineering company and RSM Tenon Group plc. He was formerly CEO of the RAC and has participated in a number of ‘turnaround’ situations of listed and private companies. He Chaired telematics company Cybit Plc through IPO and ultimate sale to a US Private Equity house in 2010. After directing the European automotive interests of British Aerospace, he served a term as Director General of the Engineers Employers Federation (EEF) and later set up a Trans-Atlantic trade and business promotion body, British-American Business Inc.
Welsh born, he was educated in Cardiff and later at the Royal Military Academy Sandhurst. Following an early career in the Army he took on a series of senior roles within Lex Service Group, British Leyland, Jaguar and Land Rover. In the mid ’80s he was seconded to the Ministry of Defence and Commanded 4th Battalion The Royal Green Jackets, then forming part of 12th Armoured Brigade in Germany. He currently sits on a Ministry of Defence Advisory Board, is Trustee of a number of Charitable bodies and was, until 2012, an Independent Member of the Metropolitan Police Authority.
Shareholder Director (RBS)
Tim is responsible for the UK lending activities of RBS in areas such as acquisition finance, energy, infrastructure and public sector.
Tim began his career as a graduate with NatWest and has fulfi lled a number of roles within RBS Group, including for Risk, Relationship Management and more recently Financing across a broad range of sectors. He has worked in both the Corporate and Investment Banking areas, and was Finance Director of the Global Structured Finance Business in 2005/6.
Tim is actively involved in a number of pan-RBS and divisional initiatives, including the development of professional standards and supporting enterprise. He is a Non-Executive Director of Lombard.
As CEO of BGF, Stephen Welton is responsible for the management and strategic direction of the company. Since its launch in 2011 and under Stephen’s leadership, BGF has grown to become the most active provider of growth capital for small and mid-sized companies in the UK.
Prior to BGF, Stephen was one of the founding partners of the global private equity firm CCMP (formerly JP Morgan Partners), and Managing Director of Barclays Private Equity and Henderson Ventures, which he co-founded. In 2013 he was appointed as an Advisor to the UK government regarding the establishment of the British Business Bank. He has served as an independent director on a broad range of companies both in the UK and internationally during the past 25 years.
Stephen started his career in banking, has a law degree from Durham University and is a qualified Barrister-at-Law.
“BGF is operating at the very heart of the UK economy. We launched with the ambition to become a champion for British business, the most active provider of long-term capital and the first choice investor for ambitious entrepreneurs. I have no doubt that many of the great British companies of the future are already in our portfolio – and we have only just scratched the surface.”