Duncan Saville founded the ICM Group and its predecessor companies, and has been employed by the Group since 1988. He is a chartered accountant with experience in corporate finance and asset management. He is an experienced non-executive director having previously been a company director in multiple companies in the utility, investment, mining and technology sectors. He is currently a non-executive director of: New Zealand Oil and Gas Limited, Cue Energy Resources Limited, Somers Limited, Homeloans Limited (Alternate) and West Hamilton Holdings Limited. His Fellowships include the Institute of Chartered Accountants Australia and New Zealand, the Australian Institute of Company Directors and the Financial Services Institute of Australasia, and he is a Member of the Singapore Institute of Directors.
Charles Jillings joined the ICM Group in 1995, established ICM Investment Research Limited in 1997 and ICM Investment Management Limited in 2015, and is based in Epsom. Today he is a Director of ICM Limited, ICM Investment Research Limited and ICM Investment Management Limited. Charles qualified as a chartered accountant and has extensive experience in corporate finance and asset management. Charles is responsible for the day to day running of UIL Limited and Utilico Emerging Markets Limited and has over thirty years of experience in international financial markets. Charles was formerly a non-executive director of Utilico Investment Trust plc and Utilico Emerging Markets Limited and is an experienced non-executive director. He has been a director of a number of listed and unlisted companies. Charles is currently a director of Somers Limited, Waverton Investment Management Limited, Westhouse Holdings plc, Merrion Limited, Global Equity Risk Protection Limited and Allectus Capital Limited. Charles graduated from University of Cape Town with a B. Com. and qualified as a South African Chartered Accountant in 1980.
Alasdair Younie joined the ICM Group in 2010, is a Director of ICM Limited and is based in Bermuda. Alasdair has extensive experience in financial markets and corporate finance. Alasdair is responsible for the day to day running of the Somers Group. Alasdair qualified as a chartered accountant with PricewaterhouseCoopers and subsequently worked for six years in the corporate finance division of Arbuthnot Securities Limited in London. Alasdair is a director of Ascendant Group Limited, Bermuda Commercial Bank Limited, Bermuda First Investment Company Limited, Somers Limited and West Hamilton Holdings Limited. Alasdair graduated from Bristol University with a BSc in Economics and Economic History in 1998, and is a Member of the Institute of Chartered Accountants in England and Wales.
Alastair Moreton joined ICM in 2017 to provide company secretarial services to UIL Limited and Utilico Emerging Markets Limited, and is based in Epsom. He has over thirty years’ experience in corporate finance with Samuel Montagu, HSBC and Arbuthnot Securities, and earlier qualified as a Chartered Accountant with Arthur Andersen. Prior to joining ICM, Alastair worked at Stockdale Securities where he was responsible for the company’s closed end fund corporate clients.
Amalia Carmelitano joined the ICM Group in 2007, working as a Research Support Analyst based in Epsom. Amalia previously worked for a security company, where she led and trained a team in Finance and as a Security Auditor. She has over fifteen years of experience working in finance. Amalia is responsible for the production of UIL Limited and Utilico Emerging Markets Limited report & accounts, interims and presentations.
Andrew Nowell joined the ICM Group in 2016 as a Financial Accountant and is based in Cape Town, South Africa. He has over ten years of experience in the financial services sector, including financial accounting, audit, project management and insurance. In addition to this he has six years of marketing and sales experience in both South Africa and Tanzania. Most recently he worked at TMF Group as the Financial Manager for the South African subsidiary, primarily overseeing the accounting function and group reporting. Andrew is the Financial Accountant responsible for a group of oil and gas companies managed by ICM. Andrew graduated in 2013 with both a B-Compt degree from UNISA and Articles at Nolands Incorporated, and in 2001 he graduated with a Computer Science Diploma from CTI. He is currently completing a Law degree from UNISA, due for completion in 2020.
Catherine Roskrow has been associated with the ICM Group since 2013 and is based in Cape Town. Prior to this, she had seven years of experience in bookkeeping, tax and payroll services while working at FMG Chartered Accountants and BAJ Consulting. At ICM Corporate Services (Pty) Ltd Catherine continues her role as Bookkeeper and Payroll Administrator to a number of international companies. She graduated with a Bachelor of Accounting Science Degree from UNISA.
Chris Baker joined ICM in 1994 and manages the Chichester office, working for ICM Investment Research Limited and ICM Investment Management Limited. Chris has been part of ICM’s development in the UK since its inception and has a background in accountancy with commercial experience that includes travel, hotels and property. He is a chartered secretary and controls administration, finance and human resources for the unlisted UK companies, as well as acting as Company Secretary for ICM Investment Research Limited and ICM Investment Management Limited. Chris has been a member of the Institute of Chartered Secretaries and Administrators since 1980.
Conor Spencer joined ICM in 2013 as a Fixed Income Analyst based in Dublin, Ireland. Conor has over nine years of experience working in international financial markets and prior to joining ICM, Conor worked as a Senior Credit Research Analyst and Fixed Income Portfolio Manager at Dexia S.A. Previous to that he worked within the Treasury Department of Anglo Irish Bank where his roles included helping to manage the liquidity of the bank as well as conducting bank and structured credit research and analysis. Conor supports Gavin Blessing on the fixed income portfolios managed by ICM. Conor has lectured in Management Science and Statistics in the Dublin Institute of Technology (DIT), and holds an honours degree in Management Science and French from DIT. In addition, he has two post-graduate diplomas in Applied Computing from the University of Limerick and DIT.
Con Mahon joined ICM in 2016 as a Fixed Income Analyst based in Dublin, Ireland. His role as an analyst is to assist the Fixed Income portfolio management team with company credit analysis, ongoing risk monitoring and performance attribution. He graduated in 2016 from University College Dublin with a first class Bachelor of Science degree in Mathematics.
Deray Rifat joined ICM in 2012 as an Equity Analyst and is based in Epsom. He has four years of investment analysis experience, and prior to joining the investment team worked in the Global Markets division at Informa plc. Deray supports Jacqueline on the Transport sector worldwide with particular emphasis on Emerging Markets. Deray has a Bachelor's degree (BSc) in Philosophy and Economics from the London School of Economics, and is a CFA Charterholder.
Dugald Morrison has been involved with ICM and its predecessor companies since 1994 and is responsible for ICM NZ Limited, based in Wellington. Dugald is an experienced investment analyst, having worked in stockbroking, investment banking and investment management firms in New Zealand, the United Kingdom, and the United States since 1987. Dugald is focused on the Resources sector worldwide. Dugald is a director of RESIMAC Financial Services Limited and Brightwater Group Limited. Dugald graduated from Victoria University of Wellington in 1991 with BCA (Hons) and is a Member of the New Zealand Institute of Directors.
Duncan Gutsche has been associated with the ICM Group as a Financial Accountant since 2009 and is based in Cape Town. He has fifteen years of experience in the financial services sector, including asset management, banking, retirement fund management and project management. Prior to this, he worked at Old Mutual Corporate Solutions, primarily in the financial management of project implementations and administration services, and pricing of corporate retirement solutions. Duncan is the accountant for various international entities managed by ICM Limited. Duncan is a qualified as a Chartered Accountant and completed the Chartered Financial Analyst exams in 2004.
Eduardo Greca joined ICM in 2010 as an Equity Analyst and he is based in Brazil. He has over eight years of experience as an economist, and prior to joining the investment team he worked in the commodities team at Kraft Foods in Brazil. Eduardo supports the teams on Latam investments as well as being focused on the Listed Stock Exchanges sector worldwide. Eduardo obtained an economics degree at the Federal University of Parana in 2009 and is a CFA Charterholder.
Eilis Boland-Smith joined the ICM Group in 2002 and is based in Epsom. Prior to joining ICM, Eilis worked for a number of large organisations including ING Barings and American Express. Eilis is Charles Jillings’ Personal Assistant
Franci Van der Walt has been associated with the ICM Group as a Financial Accountant since 2011 and is based in Cape Town. He qualified as a chartered accountant in 2001 after completing his articles with Deloitte in Cape Town. He has worked for Deloitte Munich and London in audit after which he worked at McDonald’s Europe and McDonald’s UK as Financial Reporting Manager. In 2008 he returned to South Africa and was responsible for the finances of a retail advertising and marketing group. Franci is the accountant for ICM Limited and related group entities. Franci graduated with a Bachelor of Accountancy Honours degree from the University of Stellenbosch.
Gavin Ball has been associated with the ICM Group since 2009 and is based in Cape Town. Prior to this, he was a Senior Transfer Pricing Consultant at Price Waterhouse Coopers in Cape Town and KPMG London. Gavin is focused on the development of Key Performance Indicators across a number of ICM's investment sectors, specifically analysis of the Somers Limited investee companies. He has a Master’s Degree in Economics from Stellenbosch University (South Africa), where he lectured in Economics.
Gavin Blessing joined ICM in 2012 as a Fixed Income Analyst based in Dublin, Ireland. He has over twenty years' experience, mostly in the corporate fixed income markets, both investment grade and high yield. He worked as a Credit Research Analyst and Portfolio Manager at Goldman Sachs Asset Management in London for ten years, and subsequently as Head of Credit Origination at ISTC in Dublin, Ireland. Prior to joining ICM he was Head of Bond Credit Research at Canaccord Genuity in Dublin. Gavin is responsible for the fixed income portfolios managed by ICM. Gavin graduated with a Bachelor of Commerce degree from University College Dublin, Ireland in 1992, is a Member of the Institute of Chartered Accountants in Ireland and in addition, is a holder of the Chartered Financial Analyst designation.
Greg Reid joined the ICM Group in 2014, and he is employed as a consultant. Greg is a director of ICM Capital Research Limited and is based in Ireland. His responsibilities include management of finance and risk at the Somers Group. Prior to joining ICM, Greg was the Chief Financial Officer of Bermuda Commercial Bank Limited. Previous to that he was the Controller with a Bermuda based provider of accounting services to the hedge fund industry. Greg is a member of the Institute of Chartered Accountants in Ireland and has a number of years’ experience in the auditing industry with the accounting firm Deloitte in Ireland. Greg holds an honours degree in Business Studies from the University of Limerick, Ireland.
Greg Segers has been associated with the ICM Group as a Financial Accountant since 2008 and is based in Cape Town. He has twenty years of experience working in the finance sector as a financial and management accountant. Prior to this, he was the financial accountant for the Angel Group of companies in England, Poland and Cyprus. Greg is the fund accountant for Somers Limited and the Zeta Resources Limited group. Greg graduated from the University of South Africa with a Bachelor of Accounting Science degree in 1994 and holds an Honours degree in Taxation.
Jacqueline Broers joined the ICM Group in 2010 and is a Senior Equity Analyst based in Epsom, working for ICM Investment Research Limited and ICM Investment Management Limited. Prior to joining the ICM Group, Jacqueline worked in the Corporate Finance team at Lehman Brothers and Nomura. Jacqueline is focused on the Transport sector worldwide with particular emphasis on Emerging Markets. Jacqueline is a qualified chartered accountant, and is a Member of the Institute of Chartered Accountants in England and Wales.
Jeanette Prowse joined ICM in 2013 as an Executive Administrator based in New Zealand and has been working for the wider group since 2010. She has over twenty five years of experience in administration primarily in the private sector within New Zealand and has secretarial and corporate governance experience for New Zealand and Australian companies. Her role at ICM Limited includes administrative and research functions for both the New Zealand office and the wider ICM team.
Jeremy Campling joined the ICM group in 2002 and is based at the Epsom office. As Director for Property he deals with all the property matters across the group, which include investment, development and occupational interests. Previously he spent ten years at Jones Lang LaSalle, one of the largest global real estate consultancies, advising clients in a range of areas. Jeremy obtained a BSc (Hons) in Physics from the University of Exeter, a Post Graduate Diploma in Estate Management from South Bank University, London, and he is a fully qualified member of the RICS.
Jeslyn Tan Hui Kim joined ICM in 2014 as an Administrative Assistant, based in Singapore. She completed her Business Administration diploma at Singapore Polytechnic in 2016, and is currently pursuing a Bachelor of Accountancy degree at Singapore Management University.
Jonathan Chi has been with the ICM Group since 1997 and established the Singapore office in 2000 where he is currently based. He has over twenty five years of experience in accounting and investment management. Previously he was an auditor with Deloitte, and then Greenwood Challoner, where he qualified as a chartered accountant in 1994. Jonathan supports the ICM team on Asian investments with a particular focus on South East Asia. He is a Fellow of the Institute of Chartered Accountants in Australia, a Member of the Singapore Institute of Directors and a director of ICM Research Pte Ltd.
Jonathan Groocock joined the ICM Group in 2011 and is a Senior Equity Analyst based in Epsom, working for ICM Investment Research Limited and ICM Investment Management Limited. Jonathan has nine years of experience in sell side equity research, and prior to joining the investment team was responsible for covering telecoms stocks at Investec. Jonathan is focused on the Utilities sector worldwide with particular emphasis on Emerging Markets. Jonathan qualified as a CFA Charterholder in 2005 and is a Member of the CFA Society of the UK.
Jonathan Oscroft joined the ICM Group as a Financial Analyst in 2014 and is based in Cape Town. He has over thirteen years of financial modelling and financial management experience, eight of which he worked as an independent consultant. Major clients during this time included the Royal Bank of Scotland, Old Mutual and Standard Bank. Prior to joining the ICM Group he was CFO at Sir Juice (Pty) Ltd for three years. Jonathan uses his modelling knowledge to assist ICM Limited in managing and analysing investee companies. Jonathan graduated with a Bachelor of Commerce degree from the University of Cape Town and qualified as a chartered accountant after completing his articles with Ernst & Young, Cape Town.
Julian Broadhurst joined the ICM group in 2015 as an IT specialist, based in Cape Town. Prior to joining ICM, Julian was a PACS administrator for seven years where he supported several medical treatment companies. Julian supports the Head of IT in resolving complex business related IT matters. Julian earned an IS: Engineering (ISE) Diploma in 2006 from CTI Durbanville, an IT Engineering (ITE) Diploma and an International Advanced Diploma in Computer Studies (IADCS) in 2007 from CTI Durbanville.
Julie Laffy joined ICM in 2012 as a Regional Business Manager based in Singapore. She has over fifteen years of global financial services and payments experience. Julie works with the ICM team on a range of investments with a particular focus on global payments. Julie completed a Business degree from ACU Australia in 2002, and her EMBA from Temple University, Singapore in 2015. She is a Member of the Singapore Institute of Directors, the Financial Services Institute of Australasia and the Australian Institute of Management.
Kim Rothwell joined ICM in 2014 as an Administrator and is based in Epsom. She has twenty five years of experience working within the Security Services and Insurance Industry. Prior to joining ICM she was a Business Assistant for Bluefin Insurance Services for eight years and subsequently as an Executive PA for two Board Directors at G4S. Kim qualified with a Secretarial RSA Diploma at Carshalton College of Further Education.
Mark Lebbell joined the ICM Group in 2000 and is a Senior Equity Analyst based in London, working for ICM Investment Research Limited and ICM Investment Management Limited. Prior to joining the ICM Group, Mark worked for five years as an engineer developing digital television technology. Mark has assisted managing Utilico Emerging Markets Limited and UIL Limited since their inception, prior to that the Utilico Investment Trust plc between 2003 and 2007, and The Special Utilities Investment Trust PLC for three years to August 2003. Mark is focused on the Communications sector worldwide with particular emphasis on Emerging Markets. Mark has a Masters of Engineering in Electrical and Electronic Engineering from the University of Birmingham and is an Associate Member of the Institution of Engineering and Technology.
Martinique Johnson joined ICM in 2016 as a Bookkeeper based in Cape Town. She has eight years of experience in accounting, bookkeeping, tax and payroll services. Prior to joining ICM, she worked as an Accountant at Sable International, a UK based company who offers professional services in accounting, wealth management, immigration advice, facilitating international money transfers and advice on working regulations and legal structures in the UK. Martinique studied Internal Auditing at The Cape Peninsula University of Technology and graduated in 2006 with a National Higher Certificate in Accountancy.
Nadia Nash joined ICM in 2016 as a bookkeeper based in Cape Town. She has over 17 years’ experience in financial services, including financial management, asset management, banking and retirement funds management. She was Financial Manager at Taquanta Investment Holdings, and was responsible for the financial management of the three subsidiaries, which were in Asset Management, JSE Listed and Forex. Prior to this, she worked as a Senior Fund Accountant with Board of Executors, Nedbank and Old Mutual Investment Administrators. Nadia graduated with a Diploma in Management and Financial Management from Cape Peninsula University of Technology, South Africa in 1988.
Nadine Francis joined ICM in 2015 as a Financial Accountant, and is based in Cape Town. She has over six years’ experience in auditing while completing her articles at Alliott Andersen Nell, Inc. Nadine graduated with a BTech: Internal Auditing degree from Cape Peninsula University of Technology in 2009, and she is currently completing a Bachelor of Accounting Science degree from UNISA, due for completion in 2017.
Natalie Ball has been associated with the ICM Group since 2011 and is based in Cape Town. She has a background in Design and Advertising working for corporate companies such as Old Mutual South Africa, Jupiter Asset Management and JP Morgan Chase in London. Natalie is responsible for co-ordinating the ICM Limited brand and for the day to day running of the Cape Town office. Natalie obtained her National Higher Diploma in Graphic Design and Marketing from Cape Technikon in 1993.
Ricardo Dos Reis Gouveia has been associated with the ICM Group since 2013 and is based in Cape Town. He has gained professional experience in the finance department for Global Voice Group, a telecommunications management company in Africa. Ricardo is the Accountant for Utilico Emerging Markets Mauritius and ICM Research Pte Ltd. Ricardo obtained his Honours Degree in Accounting Science and completed his articles with Grant Thornton in 2012.
Ross Wilding joined ICM Investment Research in 2012 as an Equity Analyst and is based in Epsom, working for ICM Investment Research Limited and ICM Investment Management Limited. Prior to joining the ICM Group, he worked as an investment analyst at wealth manager Optima Financial (now part of Ingenious). Ross is focused on the financial services sector worldwide with particular emphasis on the Somers Limited investments. Ross completed his MBA in 2012 at the Kellogg School of Management, Chicago, and is a CFA Charterholder.
Sandra Pope joined the ICM Group in 1999 and is based in Epsom. She has twenty five years of experience in corporate finance. Prior to joining ICM, Sandra worked in corporate finance at Deloitte Haskins & Sells, Hill Samuel Bank and Close Brothers. She is a Director of ICM Investment Management Limited and ICM Investment Research Limited, ICM's fully owned UK subsidiary which focuses on research and analysis. She is also a director of several private companies including Harlequins Football Club Ltd, and Westhouse Holdings plc. Sandra is a qualified chartered accountant and holds the Securities & Investment Institute Certificate of Corporate Finance.
Santiago Mendez joined ICM in 2017 as an Equity Analyst based in Epsom. He has three years' experience as a research analyst, and prior to joining the investment team he worked in the dividend forecasting team at IHS Markit in London. Santiago supports the senior analysts, with a particular focus on utilities. Santiago obtained a Bachelor’s degree (BA) in Business Administration from Universidad Carlos III de Madrid in 2013, and a MSc in Finance from University of Durham in 2014.
Shaun Sangster joined the ICM Group in 2016 and is Head of Compliance based in Epsom, working for ICM Investment Management Limited and ICM Investment Research Limited. Shaun has worked in the financial services arena for over 17 years, specialising in compliance over the last 10 years. Prior to joining the ICM Group, Shaun worked in senior compliance roles at The Royal Bank of Scotland and Emirates NBD, based in the UAE and UK. Shaun is responsible for the oversight of compliance for ICM, and he holds a BA (Hons) degree in Financial Services.
Stephen Holland joined ICM in 2016 as a Product Specialist, and is based in Dublin, Ireland. Stephen has over twenty years of experience working in global investment management across a range of business management, strategic and client facing roles, including leading the business development team for Bank of Ireland Asset Management in North America. Subsequent to this role, Stephen worked at Abbey Capital, a Dublin-based hedge fund focused on managed futures and global macro strategies. Prior to joining ICM, Stephen was a Director at KKR and worked as part of KKR's Client & Partner Group in Europe. Stephen has a B.A. in Economics from University College Cork, Ireland, and an MBA from Fordham University, New York. He is an Associate of the Society of Investment Professionals in Ireland, and a member of the CFA Institute.
Stephen Kreuger has been associated with the ICM Group since 2013, and he is currently the Head of IT based in Cape Town. He is an IT specialist with experience managing medium-sized corporate offices in a geographically distributed environment. Stephen has an honours degrees in economics and a masters in real estate from the University of Cape Town and eight years’ experience in the financial sector as a financial analyst and asset manager.
Stuart Briscoe joined ICM in 2015 as an Equity Analyst based in Epsom. He has four years of investment experience, including a year at Henderson Global Investors as an Emerging Market Equity Analyst. Stuart supports the Senior Analysts, with a particular focus on the Emerging Market Transport Infrastructure sector. Stuart obtained an Economics degree from Warwick University in 2013 and has passed his CFA level 3 exam.
Werner Van Kets has been associated with the ICM Group since 2007 and is based in Cape Town. He heads up the Cape Town office which provides accounting and other corporate support services to the Group. Prior to this, he worked at Credit Suisse in London on the Convertible Arbitrage desk. On returning to South Africa in 2004 he started an accounting consultancy which was acquired by ICM in 2014. He is a director of ICM Corporate Services (Pty) Ltd and Utilico Emerging Markets (Mauritius). Werner graduated with a Bachelor of Business Science (Finance) degree from the University of Cape Town, South Africa and is a qualified Chartered Accountant, having served articles at Deloitte.
Yolandi van der Mescht joined ICM in 2016 as an Administrative Assistant, and is based in Cape Town. Prior to this, she had three years’ experience in insurance while working as a Broker Assistant at RT Specialty, LLC in Chicago, and one and a half years’ experience at Moore Stephens WK as an assistant to the secretarial supervisor. Yolandi graduated from Nelson Mandela Metropolitan University with a Bachelor Commerce in Sport and Recreation Management in 2006, and a Bachelor Commerce Honours in Business Management in 2009.