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Naguib Kheraj CBE

Non-Executive Chairman

Naguib Kheraj is a Senior Advisor to the Aga Khan Development Network and serves on the Boards of various entities within the Network and is a member of the Board of Gavi, the Vaccine Alliance. Naguib is also Chairman of Petershill Partners and an adviser to Queensway Group, a hospitality business. Naguib began his career at Salomon Brothers and went on to hold a number of senior positions at leading financial institutions. He served as Group Finance Director and Vice-Chairman and in various business leadership positions at Barclays and was CEO of JP Morgan Cazenove. He also served as Deputy Chairman of Standard Chartered plc and chaired its Audit Committee and Risk Committee during his tenure. Naguib was formerly a member of the Investment Committee of Wellcome Trust, the Finance Committee of Oxford University Press, the Finance Committee of the University of Cambridge and served on the Board of NHS England.

Tom Pearce

Chief Executive Officer

Tom Pearce is Co-Founder and CEO of Rothesay. Tom founded Rothesay with Addy Loudiadis in 2007 and was previously its Managing Director. Tom has overall responsibility for Rothesay’s strategy and operational delivery, including Business Development, Financing, Investment Origination and Operations. Tom has been a Board Director of Rothesay since 2016 and he also sits on the Board of the Association of British Insurers.

Prior to founding Rothesay, Tom was part of the Fixed Income and Investment Banking team at Goldman Sachs with responsibility for pension fund and insurance company clients. 

Tom has an economics degree from Cambridge University and lives in London with his wife and two children. 

Graham Butcher

Chief Financial Officer

Graham Butcher is Rothesay's Chief Financial Officer, responsible for all divisions of Rothesay’s finance function, including financial reporting, capital management, product control and actuarial assurance. As Chief Financial Officer, Graham also oversees corporate strategy and new business underwriting. Graham joined Rothesay in 2007 and was previously the company’s Head of Strategy and Chief Underwriting Officer, where he led all strategic initiatives, business planning and the pricing, underwriting and risk management of new business. Prior to joining Rothesay, Graham was at Willis Towers Watson where he qualified as Fellow of the Institute of Actuaries in 2006.

Terry Miller CBE

Senior Independent Director

Terry Miller is a Non-Executive Director of Goldman Sachs International Bank, a Non-Executive Director of Goldman Sachs International and a Non-Executive Director and Chair of the Audit Committee of the British Equestrian Federation. She was previously Non-Executive Director and the Senior Independent Director of Galliford Try Plc and of Stelrad Group Plc, General Counsel of The London Organising Committee of the Olympic and Paralympic Games (LOCOG), a Non-Executive Director of the British Olympic Association and a Director and Trustee of the Invictus Games Foundation. Prior to her LOCOG appointment, she was with Goldman Sachs for 17 years, most recently as a partner and International General Counsel.

Sophie O’Connor

Non-Executive Director

Sophie O’Connor started her career at Ernst and Young, and then worked for Bank of America Merrill Lynch (previously Merrill Lynch) in the UK and US, where she held a number of senior Finance and Chief Operating Officer roles. Sophie currently holds Non-Executive directorship roles at SMBC Bank International PLC, Bupa Insurance and Tide Holdings Limited and is a Trustee of Chance to Shine. She previously held Non-Executive positions at Scottish Widows, Lloyds Banking Group Insurance and Embark Group (subsidiaries of Lloyds Banking Group), Sanne PLC, BNY Mellon (International) Bank, Reliance Mutual and Mineworkers’ Pension Scheme.

Ed Giera

Non-Executive Director

Ed Giera is the Senior Independent Director of Santander UK Group Holdings and Chair of the bank’s Risk Committee and its Responsible Banking Committee. He previously chaired Pension Insurance Corporation Group’s Audit & Risk Committee where he was also a member of the Board Origination Committee. Ed was Global Head of Pensions Advisory at JP Morgan and held other senior roles during a twenty-year career with the investment bank, and is currently Managing Partner of a private partnership investing in the global financial services sector. 

Addy Loudiadis

Founder Director

Antigone (Addy) Loudiadis is Rothesay's co-founder and former Chief Executive Officer from 2007 to 2022. As Founder Director, Addy is a Non-Executive member of the Board.

Addy was previously a partner of Goldman Sachs and served as the co-head of the Investment Banking Division in Europe. Before moving to Investment Banking, she was head of European Fixed Income Sales at Goldman Sachs. Addy is also a former Board member of the Association of British Insurers.

Addy is a trustee of the Rothesay Foundation, Rothesay’s charitable trust.

Angela Darlington

Non-Executive Director

Angela Darlington started her career with Bacon & Woodrow and then worked with William M Mercer on a wide variety of actuarial assignments across many countries. Angela joined Aviva in 2001 where she held a number of senior roles including UK Life Chief Risk Officer, Group Chief Risk Officer and CEO of Aviva’s UK Life and Health Insurance business. Most recently, Angela was on the Board of the Association of British Insurers as well as Member and Chair of the Scenario Analysis Working Group at PRA-FCA Climate Change Forum.

Angela is currently a Council Member of the London School of Hygiene & Tropical Medicine and a Non-Executive Director of Yorkshire Building Society.

Heather Jackson

Non-Executive Director

Heather Jackson has held senior positions across retail and financial services, specialising in technology and change leadership. She was Chief Information Officer for Capital One (in the UK & Europe) and, subsequently, HBOS. At HBOS, she led several functions, including payments, procurement, print/post operations and human resources. Heather currently holds Non-Executive directorship positions at Ikano Bank AB and Skipton Building Society Group. She is a Trustee with Yorkshire Cancer Research. She previously held Non-Executive directorship positions at JD Sports Fashion, Lookers PLC, Tandem Bank and the Child Maintenance Enforcement Commission.

Lisa Arnold

Non-Executive Director

Lisa Arnold has held senior positions across financial services, specialising in pharmaceutical, healthcare and biotech. Lisa currently holds Non-Executive roles at Polar Capital Global Healthcare Trust PLC, PIMCO Europe Ltd, Whitbread UK Pension Fund and Allied Domecq Pension Fund. She previously held Non-Executive positions at J Sainsbury Pension Scheme, Aquila Energy Efficiency Trust, GSK Pension Scheme & Fund, Tate & Lyle Pension Trust, Cheltenham Ladies College, John Laing Pension Trust, Futura Medical PLC and MHRA (Medicines and Healthcare products Regulatory Agency).

Arjun Gupta

Non-Executive Director

Arjun Gupta is President of Europe at GIC. In this role, Arjun heads GIC’s London office, which covers Europe, the Middle East, and Africa. Arjun is a member of the GIC Global Leadership Group and in addition, he is co‐chair of the GIC Healthcare Business Group, a member of the Integrated Strategies Group Investment Committee, and a member of the Global Leadership Group Nominating Committee.

Arjun joined GIC Private Equity in 2010 and subsequently held roles as Head, Portfolio within Private Equity and Head, Consumer and Healthcare for Private Equity. He also served on the Private Equity Management and Investment Committees.

Prior to joining GIC, Arjun spent over 20 years in the consumer goods industry with Kraft Foods, where his last two roles were as Managing Director, Greater China and President, Asia Pacific.

Tim Corbett

Non-Executive Director

Tim Corbett is the former Chief Investment Officer of MassMutual. He joined as Chief Investment Officer in 2011 with responsibility for MassMutual’s overall investment strategy for the company’s general account.  He retired from the company in 2023.

Prior to joining MassMutual, Tim had been Chief Investment Officer and head of Pension Fund Management with the State of Connecticut Treasurer’s Office since 2009. Tim began his professional career at Aetna in 1982, where he ultimately became Head of Portfolio Management, responsible for investment policy and strategy for a $20 billion general account portfolio.

From 2002 to 2008, Tim served as Managing Director and Head of Asset Management at Hartford Investment Management Company. Prior to joining the Connecticut State Treasurer’s Office, Tim was the leader of fixed income at McMorgan & Company of San Francisco, California, managing a $7 billion fixed income portfolio.

Robin Jarratt

Non-Executive Director

Robin Jarratt is Head of the Global Private Credit group at GIC. Robin has responsibility for all private credit investment by the firm in the US, Europe and Asia. Robin is a member of GIC PE’s management and investment committees.

Geoff Craddock

Non-Executive Director

Geoff Craddock is MassMutual’s Chief Risk Officer. Geoff began his career in a range of trading and brokerage positions with various investment banks beginning in Europe. Subsequently, he held roles at the Canadian Imperial Bank of Commerce (CIBC) where he oversaw global market risk management for the bank’s investment banking, trading and retail activities.

In 2008, Geoff joined MassMutual’s asset management subsidiary, OppenheimerFunds, establishing and leading their risk management and asset allocation function after the global financial crisis, enhancing their governance structure and facilitating execution of strategic initiatives. Geoff also served as the leadership sponsor for OppenheimerFunds corporate giving program. Geoff assumed his current role at MassMutual in 2017.

Katherine Garner

Non-Executive Director

Katherine Garner is a Non-Executive Director of Reclaim Fund Limited. A Fellow of the Institute of Actuaries since 1997, Katherine was previously the Chief Executive Officer of Sun Life Financial of Canada in the UK and a member of its Board of Directors. Katherine started her employment with Sun Life Financial of Canada in 2008 and, prior to that, was employed by HSBC, where her roles included, Head of Operations, Head of Life Insurance and also Finance Director of the Dublin life company and Deputy Head of Investments in the UK.