People and teams

We have an experienced team of investment, portfolio and business development executives. 

Alun Lister

Business development

Alun manages in-bound enquiries for business finance.  

Alun Thomas

New investments team

Alun is the new investment regional manager for west Wales.

Amy Carpenter

Equity portfolio team

Amy provides admin support to our equity portfolio team.  

Bethan Bannister

New investments team

Bethan has been investing in Welsh businesses for us since 2003.

Bethan Cousins

New investments team

Bethan is a deputy fund manager in our new investments team. 

Beverley Downes

Management team

Beverley leads our communications and marketing, ICT and facilities teams here at the Development Bank of Wales.

Carl Griffiths

Technology ventures team

Carl manages our Wales Technology Seed Fund.  

Carmine Circelli

Technology ventures team

Carmine is an investment executive in the technology venture investments team.

Carol Bell

Board of directors

An experienced industrialist and financier, Carol started her career in the oil and gas industry before moving into banking.

Cenydd Rowlands

Property development team

Cenydd manages our property fund and team. 

Chris Griffiths

New investments team

Chris manages our new investments team.

Chris Hayward

New investments team

Chris is an investment executive in north Wales.    

Claire Sedgwick

Property development team

Based in St. Asaph, Claire works with developers and contractors across north and mid-Wales.

Dave Perez

Loan portfolio team

Dave is a senior portfolio executive in our loan portfolio team. 

David Knight

Micro loans team

David is an investment executive in the micro loans team.

David Roberts

Loan portfolio team

David is a portfolio executive in our loan portfolio team. 

David Staziker

Management team

David is one of our investment directors, managing our new investments team, our portfolio team and Help to Buy Wales. 

Emily Jones

Technology ventures team

Emily offers admin and operational support to our technology investment executives. 

Emily Wood

Business development

Emily provides business development support to our investment and portfolio teams. 

Gareth Bullock

Board of directors

As well as being chair of the Development Bank of Wales Board,  Gareth currently holds a number of non-executive directorships and advisory roles.

Gareth Price

Equity portfolio team

Gareth is the deputy portfolio manager in our equity portfolio team.  

Gaynor Morris

Micro loans team

Gaynor is an investment executive in the micro loans team

Giles Thorley

Board of directors,
Management team

Giles has over 20 years senior management and private-equity experience. He is also a business angel and a member of the Bar Council of England & Wales.

Heather Abrahams

Micro loans team

Heather is an investment executive specialising in loans between £1,000 and £100,000 in north Wales. 

Huw Morgan

Board of directors

Huw is an FCIB qualified banker with over 25 years’ experience in the banking sector.

Iraj Amiri

Board of directors

Iraj heads up the Development Bank of Wales' audit committee.

Janet McDonald

Loan portfolio team

Janet offers admin and operational support to our portfolio executives. 

Jo Thomas

Loan portfolio team

Jo is a portfolio executive working across south Wales. 

Joanne O 'Keeffe

Business development

Jo manages our business development team and co-ordinates all of the Development Bank of Wales’ business development activity. 

John Mihell

Equity portfolio team

John manages our equity portfolio team.  

Judi Oates

Management team

Judi is the Development Bank of Wales’ company secretary and group compliance officer.

Karl Jones

Property development team

Based in Cardiff, Karl works with developers and contractors across south Wales.

Kelly Jones

Micro loans team

Kelly is a portfolio executive in the micro loans team.

Kevin O'Leary

Board of directors,
Management team

Kevin leads the Development Bank of Wales' internal finance and administration teams.

Leanna Davies

Equity portfolio team

Leanna is a senior portfolio executive in our equity portfolio team.  

Margaret Llewellyn

Board of directors

Margaret’s 30-year career has seen her own and operate a container shipping line, port terminals and road haulage fleet.

Mike Owen

Management team

Mike is our group investment director, managing teams who deal with over £1bn in funds.

Natalie Philips

New investments team

Natalie provides administrative support to our new investments team. 

Natalie Woods

Property development team

Natalie offers admin support to our property development executives. 

Navid Falatoori

New investments team

Navid is an assistant investment executive in the new investments team.

Neil Maguinness

Management team

Neil is our director of risk, compliance and legal. 

Nicola Crocker

Property development team

Nicola is a property development executive in our dedicated property team.  

Nicola Edwards

Micro loans team

Nicola is the fund manager for the micro loans team.

Nicola Griffiths

Equity portfolio team

Nicola is a portfolio executive in our equity portfolio team. 

Paul Lee

Technology ventures team

Paul leads a team of investment executives focused on investing in intellectual property-rich companies.

Philip Barnes

Technology ventures team

Philip is an investment executive in our technology venture investments team.

Rachel Miles

Loan portfolio team

Rachel manages our pan-Wales loan portfolio team.

Raymond Walters

Loan portfolio team

Raymond is a portfolio executive working across mid and west Wales. 

Rhian Elston

Management team

Rhian is one of our investment directors, managing our technology, micro loan and equity portfolio teams.

Rhiannon Brewer

Micro loans team

Rhiannon is a senior investment executive in the micro loans team.

Rhodri Evans

New investments team

Rhodri is our regional manager in north Wales. 

Richard Easton

New investments team

Richard is an investment executive in the new investments team.

Richard Thompson

Technology ventures team

Richard specialises in equity investments for technology-rich companies.

Rob Hunter

Management team

Rob is our director of strategy, leading on future fundraising and strategic planning.   

Roger Jeynes

Board of directors

Roger Jeynes is an independent non-executive director for the Development Bank of Wales.

Ruby Harcombe

New investments team

Ruby is an assistant investment executive in the new investments team.

Sam Macalister-Smith

Equity portfolio team

Portfolio executive Sam works in our equity portfolio team. 

Sarah Ryan

Micro loans team

Sarah provides admin support to the micro loans team. 

Sarah Smith

Technology ventures team

Sarah is a portfolio investment executive specialising in seed investments for technology companies.  

Stephen Elias

Loan portfolio team

Steve is a portfolio executive working across south Wales. 

Stephen Galvin

New investments team

Steve is a senior investment executive within our new investments team. He specialises in succession deals. 

Steve Smith

Technology ventures team

Steve manages a team of dedicated technology investment and portfolio executives. 

Stewart Williams

Loan portfolio team

Stewart is a portfolio executive based in our north Wales offices.    

Tara Lee-Fox

Micro loans team

Tara looks after a portfolio of companies within our micro loans team.   

Zoë Reich

Technology ventures team

Zoë invests in technology-rich early growth and start-up companies here in Wales.

Our micro loans team specialise working with small and micro businesses providing loans from £1,000 up to £100,000.

Our highly experienced investments team is based throughout Wales and works with a range of high-growth businesses and their advisers offering loans and equity from £100,000 up to £5 million. They can support growth, succession and acquisitions. 

Our loan portfolio team builds relationships with our customers to ensure our finance and investments help them to grow. 

Our equity portfolio team builds relationships with our customers to ensure our finance and investments help them to grow. 

Our technology ventures investment team focuses on innovative technology-based businesses from start-ups to early stage and established. They can provide both loans and equity depending on the business.   

Our business development team co-ordinate and manage activity for the Development Bank of Wales’ investment and portfolio teams. They also deal with all new finance enquiries and work closely with other funders and advisers to ensure Welsh businesses are aware of the support available.

Our property development team invest in commercial and residential development projects in Wales. 

Led by chief executive Giles Thorley, our executive and senior management team provide the investment strategy that drives real benefits to your business.

Our board of non-executive directors oversees the strategy and performance at the Development Bank of Wales, drawing on a wealth of regional and global business experience.