Ravenscroft make a number of senior management changes

Thursday 27 October 2022

Ravenscroft has made an appointment to the board of the parent company, Ravenscroft Holdings Limited, as part of changes to its senior management.

Robin Newbould, who co-founded Ravenscroft with Jon Ravenscroft in 2005, has been Chief Operating Officer since July 2021 and will now become managing director of operations to work alongside Mark Bousfield whose new title is managing director of investments.

The pair will be supported by David Chan, OBE who rejoins Ravenscroft as chief of staff.

Mr Ravenscroft, who is CEO, said: “The growth of Ravenscroft in recent years means we now have more than 140 staff across five offices and six distinct investment offerings to clients.

“The experience, passion and knowledge of the board and senior management team has been integral to that success. The changes we have made will allow Robin, Mark and David to focus on the areas that will be essential to the continuing success of Ravenscroft for the benefit of our shareholders and our clients.”

"Robin knows every part of our business through the roles he has previously held, and that knowledge, together with his analytical approach, will benefit the board, the company and, of course, our clients.

"David makes a welcome return to Ravenscroft having also been here in the early days. His experience, both from his time in the military and in investment management, will be invaluable in his new role, as the Ravenscroft team is our greatest asset."

Mr Newbould, who has previously served as a non-executive director of The International Stock Exchange and is a Fellow of the Chartered Institute for Securities and Investment, moved to head up Ravenscroft’s Jersey office in 2009 before leaving to set up BullionRock, which specialised in the selling and storage of gold, silver, platinum and palladium.

In 2017, BullionRock (now Ravenscroft Precious Metals Limited) was acquired by Ravenscroft and Mr Newbould rejoined the business.

After 25 years as a fighter pilot in the Royal Air Force, Mr Chan, who was awarded the OBE in 2006, spent nearly five years working for Ravenscroft and continued to be a consultant and non-executive chair of the investment management business thereafter.

Having moved back to Guernsey from the United States earlier this year, he rejoined Ravenscroft last month.