Board of Directors

Mr Kinach (61) has been an executive director of XXI Century Investments Public Limited since 2003. Previously Mr Kinach was an adviser to the Prime Minister of Ukraine. From 1995 to 1999 he headed the Office of the European Bank for Reconstruction and Development in Ukraine. Prior to this he gained extensive experience in financial services during his 20 year career with the Toronto Dominion Bank, one of Canada’s top commercial banks. Mr Kinach holds a Master of Business Administration degree from the Graduate School of Business of Columbia University in New York.

Mark Holdsworth (37) the Managing Director of Fabian Capital, has more than eleven years’ experience in Romania and emerging markets, having worked for eight years with ING Barings, a member of the ING group. In 2001, he was Managing Director, in charge of the group’s equity, broking and trading operations in Eastern Europe, South Africa and Latin America. In 2003, Mr Holdsworth left ING Barings to promote his property and business interests on a full time basis. He was a non-executive director of XXI Century Investments Public Limited, one of Ukraine’s leading property development and AIM listed. Mr Holdsworth has over 13 years’ property market experience, including residential and commercial developments. He graduated with a degree in History from the University of Edinburgh in 1994 and a postgraduate degree in Political Science from the University of Pennsylvania, where he was a Thouron Scholar, in 1995.

Mark Houslop (59) has been a Director of DTZ since it publicly listed in 1987, having joined the firm in 1973. His experience has extended from the UK and European markets to the USA where he set up and ran the firm’s New York office. In the UK he has advised on central London properties including The Lloyds of London headquarters, The Berkeley Square Estate and The Plaza Shopping Centre. He sits on the supervisory board of the German publicly listed residential/commercial property company IMW and is a fellow of the Royal Institution of Chartered Surveyors.

Nigel Le Quesne (46) is the Managing Director of the Jersey Trust Company Group of companies (the ‘‘JTC Group’’). He is a Fellow of both the Institute of Chartered Secretaries and Administrators and the Chartered Management Institute. Mr Le Quesne has a number of directorships of both publicly quoted and private companies and has extensive property experience.

Stephen Burnett (47) is the Finance Director of the JTC Group having joined in 1997, having previously been employed by BDO Carnaby Barrett. He is a Fellow of the Association of Chartered Certified Accountants. Mr Burnett sits on the Board of a large number of companies, including property companies and funds.

Philip Burgin (38) is a director of the JTC Group having joined in 1995 from Morgan Stanley. He is a Fellow of the Institute of Chartered Secretaries and Administrators and holds a postgraduate diploma in Management Studies. His experience in property is extensive, including the launch of a Jersey based Mayfair Real Estate Fund.

Nigel Syvret (45) is a director of the JTC Group having been previously employed by Price Waterhouse. Mr Syvret is a member of the Institute of Chartered Secretaries and Administrators and, since March 1999, a member of the Society of Trust and Estate Practitioners.