A Board of Directors with a 30-year average of industry experience
ORIT has an independent Board of five Non-Executive Directors who oversee ORIT’s Strategy
Phil Austin, MBE
Non-Executive Chair and Chair of the Nomination Committee
Spent most of career in banking with HSBC in London and, latterly, in Jersey as Deputy CEO of the Bank’s Offshore business. Founding CEO of Jersey Finance Ltd, the body that represents and promotes the Island’s finance industry, both at home, and internationally. Non-executive director of portfolio containing both private and publicly owned businesses. Chairman of Jersey Electricity plc. Fellow of the Chartered Institute of Bankers and a Fellow of the Chartered Management Institute. Awarded an honorary doctorate in business from the University of Plymouth (October 2015) and an MBE in the Queen’s New Year’s honours list (January 2016).
Non-Executive Senior Independent Director and Chair of The Audit and Risk Committee
Non-executive director and Chair of Audit Committee for Round Hill Music Royalty Fund Limited. Executive career across buy and sell side in City of London, gaining extensive knowledge of regulatory, governance and investment management processes and products.Worked at Aberdeen Asset Management plc from May 2008 to March 2016, starting as Head of Internal Audit (EMEA) and becoming Global Head of Business Risk and responsible for the group’s risk management framework and internal capital adequacy assessment.
Non-Executive Director and Chair of The Remuneration Committee
Currently a Principal in Investments at the Wellcome Trust, a global charity committed to improving human health and funded from a diverse, unconstrained portfolio of over £37 billion.Previously investment banker and investment manager at Goldman Sachs. Lead of Absolute Return, where she is responsible for Wellcome’s partnerships with managers that have low equity market correlations, including multi-strategy and credit hedge funds, and their climate strategy. Covers the natural resources sector, with a strong interest in the energy transition, and led the development of Wellcome’s net zero strategy for its investment portfolio. Member of the IC for Newnham College, Cambridge. CFA Charterholder and read History at the University of Cambridge.
Non-Executive Director and Chair of The Management Engagement Committee
An award-winning authority in the global climate change movement and a qualified Barrister with 30+ years’ experience, James serves on a number of boards and advisory committees across business, finance, legal, academic and government organisations.James is an Honorary Senior Research Fellow in the Grantham Institute on Climate Change and Environment, Imperial College London, Chairman of Crown Agents, a senior advisor to Pollination Global and a Director of Africa’s fastest growing solar company, Ignite Power.He is a London Sustainable Development Commissioner and a Friend of COP26.
Business leader with over 25+ years of experience in the renewables and energy industry working in Europe, Latin America, Africa, and Asia with General Electric & Shell. Deep domain expertise in energy markets, and technology (onshore/ offshore wind, solar, hydro, biomass) from various commercial, business development, projects, and operational roles. Sarim has served as chair/non-executive director on boards of several listed and non-listed companies in the Netherlands, Croatia, Oman, and Pakistan and on non-profit boards. Under his leadership, his company was awarded the Pakistan Stock Exchange's ́Top Companies Award ́ for corporate governance, financial performance, shareholder value, and sustainability. Sarim is a passionate advocate for energy transition and holds an MBA from London Business School.
The Board is responsible for the determination of the Company’s Investment Policy and Strategy and has overall responsibility for the Company’s activities including the review of investment activity and performance and the control and supervision of the Company’s service providers. The Board is also responsible for the final investment decisions
The Board will meet at least every quarter, when the Investment Manager provides updates on the progress of the Company’s portfolio of Renewable Energy Assets, with additional meetings arranged as necessary