Ravenscroft has promoted Mark Bousfield to the role of group managing director.
The move is part of a natural progression that has seen Bousfield’s role within the business expanding for some time.
In addition to his new role as group managing director, he will also remain head of Ravenscroft Investment Management and retain oversight of the Huntress Fund range.
Jon Ravenscroft, group chief executive officer at Ravenscroft, says Bousfield is the ideal person to take on the role.
“Mark has been with Ravenscroft since 2008 and is highly regarded by the board, by his colleagues, by our clients and more widely across the industry. His expertise, energy and enthusiasm is welcomed by the existing board and these attributes will be invaluable in his new role,’ he says.
Bousfield (pictured) says he is looking forward to the challenge of his new role.
‘It will be demanding but I have a fantastic team around me who are dedicated to our growing client base and all want to play a part in Ravenscroft’s success. It’s an exciting time for us all,’ he says.
In further changes to the board, Charlie Roger has stepped down from the Ravenscroft board and will leave the company in March 2017.
“After a long career in the industry, Charlie has decided the time is right to fulfil a long-held personal ambition to pursue a more independent future,” says Ravenscroft. “He joined us in 2014 at the beginning of a transitional period and has assisted with the incredible growth we’ve seen since then, with our team now more than 60 people across the Channel Islands, assets under administration exceeding GBP2.5 billion and expansion into the UK through Vartan Ravenscroft.”
