The CEB Team
Antonio Monteiro de Castro Non-Executive Chairman (aged 62)
Antonio was the chief operating officer of British American Tobacco plc (retired in December 2007), a
constituent of the FTSE 100 index. In addition, Antonio is non-executive chairman of the Souza Cruz SA's
Administrative Council (one of Brazil's leading companies), and a director of Fundacao Getulio Vargas,
Brazil's foremost education and research foundation. In addition to being a leading international
businessman, Antonio is one of Brazil's most senior business figures. Antonio has an MBA from Babson
College in the United States. In November 2007 Antonio was appointed as a non-executive director of
Merrill Lynch Latin American Investment Trust.
Richard Jewson Non-Executive Director (aged 63)
Richard is currently chairman of Raven Russia plc and a non executive director of a number of quoted and
unquoted companies including Temple Bar Investment Trust plc and Grafton Group plc. He was formerly
chairman of Savills plc,PFI Infrastructure plc and Meyer International plc and deputy chairman of Anglian
Water plc.
Marcelo Junqueira Non-Executive Director (aged 38)
Marcelo is a landowner and farmer. His outsourcing company (Agrop) provides agriculture and agronomy
services to some of the largest sugar mills in Brazil. He is a founding member of Econergy Brasil Ltda and
has successfully provided services to more than 25 mills across Brazil. Marcelo is Brazilian, has an MBA
and is fluent in English.
Tim Walker Non-Executive Director (Chairman of the Audit Committee) (aged 51)
Tim is a chartered accountant and an Isle of Man resident. He is the former finance director of Swallow/Vaux
Group plc, Strix Group and Burtonwood Brewery plc. Tim is currently a non-executive director of AIM listed
Ishaan Real Estate plc and a number of private companies in the leisure and property industries.
Philip Scales Non-Executive Director (aged 57 )
Philip is managing director of IOMA Fund and Investment Management Limited, part of the Isle of Man
Assurance Group. IOMAFIM specialises in the provision of third party fund administration and investment
management services. Prior to this, Philip spent nearly 18 years as managing director of Northern Trust
International Fund Administration Services (Isle of Man) Limited (formerly Barings (Isle of Man) Limited).
He has over 30 years' experience working offshore, primarily in corporate and mutual fund administration
and currently holds a number of directorships of listed companies. Philip is a Fellow of the Institute of
Chartered Secretaries and Administrators.
Michael St Aldwyn Non-Executive Director (aged 57)
Earl St. Aldwyn
Michael is a director of the Merrill Lynch Latin American Investment Trust PLC. He has had a long
association with Brazil, having worked there from 1973 to 1979, and having responsibility for the region in
the New York office of ED&F Man between 1979 to 1989, where he led both the physical and futures trading
of sugar and coffee. From 1989 to 1994 he worked as a senior manager within ED&F Man creating and
launching investment funds. He also served as chairman of the Anglo-Brazilian Society from 1996 to 2002.
He is currently managing director of International Fund Marketing (UK) Limited, which promotes hedge and
futures funds. Michael is fluent in Spanish and Portuguese.
Nigel Wood Non-Executive Director (aged 51)
Nigel is a member of the Institute of Chartered Accountants in England and Wales, and the Society of Trusts
& Estate Practitioners (STEP). He has been serving as the managing director and chief executive officer of
the Isle of Man Assurance Group since 1998. He has also been appointed to the Board of Governors of King
Williams College and the Buchan School, besides being the chairman of the Finance Board and
Appointments Committee of King Williams College. He holds a number of directorships including Trading
Emissions Plc, an AIM listed company.