Kerala backwaters -Alappuzha, India
COMMITTED TO ROBUST STANDARDS OF GOVERNANCE

Ashmore Group Board of Directors

The Board of Directors is instrumental in reinforcing the Group’s culture, through day-to-day management and oversight by the Executive Directors and through interaction with employees.

Clive Adamson

Non-executive Chairman

Appointed to the Board: October 2015

Appointed as Chairman: April 2022

Skills, experience and contribution:

Clive Adamson has enjoyed a 44 year career in financial services spanning executive roles in banking and regulation and, more recently, board roles across wholesale and retail banking, insurance and asset management.

Other roles past and present:

He spent 20 years in wholesale banking initially with Citigroup and then with Bank of America where he held a number of senior positions including Regional Head of the UK and Northern Europe. He then moved into regulation as an adviser at the Bank of England before being appointed as Director of Major UK Groups at the newly formed Financial Services Authority, a position he held during the financial crisis. Clive then moved to the Financial Conduct Authority on its formation where he was Director of Supervision and an Executive Member of the Board. After 17 years in financial regulation, Clive has been a Non-executive Director of Virgin Money plc and a Senior Adviser at McKinsey & Company. He is currently a Non-executive Director of JP Morgan Securities plc, the Chair of JP Morgan Europe Ltd and Chair of its Nominations Committee, which houses the Chase UK digital banking business, and the Chair of Nutmeg Saving and Investment Ltd as well as being a member on various committees for these entities. He is also a Non-executive Director and Chair of the Risk Committee of M&G plc and a Non-executive Director of Prudential Assurance Company Limited and Chair of its Risk Committee, which is a part of the M&G Group, as well as being a member on various committees for these entities. Clive holds an MA in Economics from Cambridge University.

Committee memberships: Audit and Risk, Nominations, Remuneration


Mark Coombs

Chief Executive Officer

Appointed to the Board: December 1998

Skills, experience and contribution:

Mark Coombs founded the business which became Ashmore in 1992 and, as Chief Executive, has overseen its successful growth for more than 20 years.

Other roles past and present:

He was appointed a Director on the incorporation of the Company and has served as its Chief Executive Officer since then. He held a number of positions at Australia and New Zealand Banking Group (ANZ) and led Ashmore’s buyout from ANZ in early 1999. He is currently Co-Chair of EMTA, the trade association for Emerging Markets, having been on the Board since 1993. Mark has an MA in Law from Cambridge University.


Tom Shippey

Group Finance Director

Appointed to the Board: November 2013

Skills, experience and contribution:

Tom Shippey is a chartered accountant with extensive experience in investment management, mergers and acquisitions, capital raising and financial and regulatory reporting.

Other roles past and present:

He was appointed to the Board as Group Finance Director in November 2013. Prior to joining Ashmore in 2007, he worked for UBS Investment Bank, including advising on the Ashmore IPO in 2006. He is currently a Trustee of Resurgo Trust. Tom qualified as a Chartered Accountant with PricewaterhouseCoopers in 1999 and is a Fellow of the ICAEW. He has a BSc in International Business and German from Aston University.


Helen Beck

Non-executive Director

Appointed to the Board: June 2021

Skills, experience and contribution:

Helen Beck is a commercial international advisor with significant experience in advising boards on remuneration and Human Resources. She has a strong executive track record in building and growing client centric businesses with extensive Financial Service experience across a broad range of asset management firms and banks.

Other roles past and present:

She was formerly a Partner and Head of Financial service remuneration practice with Deloitte LLP specialising in reward structures for Board members, senior executive members and staff below board level for FTSE 100 and 250 companies. Prior to joining Deloitte, Helen held a number of senior executive appointments in Human Resources, Remuneration and Consultancy, including Standard Bank as Global Head of Reward and Benefits, McLagan Partners as Managing Director and as Head of HR for Fidelity Asia-Hong Kong. She is currently a Non-executive Director of Funding Circle Holdings plc and Chair of the Remuneration Committee as well as being a member on various committees, an Independent Governor of University of Bedfordshire and interim Chair of the Resources and Employment Committee as well as being a member on various committees, and an Independent Member of the remuneration committee for the British Olympic Association. Helen has also been a Governor of the John Whitgift Foundation, including being chair of the salaries committee. She holds a BA in Social Administration, is a Member of the Institute of Personnel Development and holds a Post Graduate Diploma in Personnel Management.

Committee memberships: Audit and Risk, Nominations, Remuneration


Jennifer Bingham

Senior Independent Director

Appointed to the Board: June 2018

Skills, experience and contribution:

Jennifer Bingham has in-depth experience in investment oversight of the investment portfolios of family offices and charitable foundations and in her previous executive role in the emerging market fund management business.

Other roles past and present:

She is an accountant and between 1992 and 2003 she was a senior executive of Brunswick Capital Management Limited, an investment manager specialising in the Russian equity market. During this period she variously held the offices of Chief Executive, Chief Operating and Chief Financial Officer of the firm. Since 2003 Jennifer has held finance, administration and investment oversight roles with investment company PCHB Limited (part of the Cundill group of companies). She is currently an Executive Director of FPC Philanthropies Ltd (the Peter Cundill Foundation) and sits on the investment committee of PCHB Limited, an Executive Director of Valley Management (UK) Limited, an Executive Director of Stichting Pamina, a Dutch Charitable Foundation, and a Trustee of The Ashmore Foundation.

Committee memberships: Audit and Risk, Nominations, Remuneration