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Marlborough appoints third independent non-executive director

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The Marlborough Group has appointed Sarah Peaston as the third independent non-executive director of Marlborough Fund Managers and IFSL Fund Services.

Peaston, who has more than two decades’ experience in financial services, is a specialist in regulatory matters. She is founder and director of Regulatory Governance Consulting Limited, a consultancy service that assists businesses with regulatory governance and provides thought leadership in the regulatory space.

She joins two other independent non-executive directors on the boards of Marlborough and IFSL. They are Guy Sears, former Interim CEO of the Investment Association, and David Kiddie, who has more than 30 years’ experience in the investment management industry.

Prior to her work at Regulatory Governance Consulting, Peaston held a senior regulatory control change management and quality assurance role at Citi from 2010 to 2018. Previously she held a senior regulatory change management position at Barclays Capital Securities and before that held roles at Goldman Sachs and Societe Generale.

Wayne Green, Joint Managing Director of the Marlborough Group, says: “The selection process has been a lengthy one because we were determined to appoint genuinely independent non-executive directors who were new to the group.

“We wanted individuals with the skills and experience to bring fresh insights and perspectives and who would be more than comfortable challenging our thinking whenever necessary.

“With Sarah’s appointment we are confident that we now have the right combination of expertise in the areas of regulation and governance, investor representation and investment management. Sarah’s skills complement those of Guy and David and these three experienced professionals will, we believe, provide exactly the sort of input and challenge that investors and the regulator would expect from independent non-executive directors.”

Peaston says: “There’s a deep-seated commitment across the Marlborough Group to putting investors’ best interests first and providing a consistently high-quality service, which is very much in tune with my own values.

“One of the other great strengths of the group is the way it hangs on to talented people at all levels and I’m very pleased to join what are already strong boards with a real depth of expertise and experience in the funds industry.”

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