Minerva Equity Limited - 31 March 2019 Final 19.08.2019 - Flipbook - Page 19
Minerva Equity Limited (formerly DMWSL 881 Limited)
Directors’ report
for the period ended 31 March 2019 (continued)
Directors (continued)
Ian Fraser (Chairman)
Ian is a Member of the Institute of Chartered Accountants of Scotland, he qualified with Deloitte in
1981. Ian holds a Bachelor of Accounting from the University of Glasgow. Ian has held senior
executive roles in Esmark, Schlumberger and ADT. Ian has served as a Director of Kwik-Fit (GB)
Limited and R&R Ice Cream. Ian has held various Non-Executive Director roles including Punch
Taverns PLC.
Jim Arnold (Chief Executive Officer)
Jim was appointed as Chief Executive Officer of Minerva Equity Limited on 30 July 2018 and of M
Group Services in 2016. As Chief Executive of M Group Services, Jim has overall responsibility for
the operation and performance of the Group and its four divisions, Utilities, Transport, Data and
Telecoms. He has worked in the utility and infrastructure sector for 30 years. Jim is a Chartered
Director and Fellow of the Institute of Civil Engineers.
Martin Beesley (Chief Financial Officer)
Martin was appointed Chief Financial Officer CFO of Minerva Equity Limited on 30 July 2018 and of
M Group Services in 2016, having previously been Chief Financial Officer for Morrison Utility
Services since 2008. Prior to 2008, Martin spent 12 years with United Utilities in a number of senior
finance and strategy roles. Martin trained and qualified as a Chartered Accountant with KPMG where
he worked with clients across audit, tax, corporate finance and advisory services.
Christopher Afors (Director, PAI representative)
Chris joined PAI in 2008 as a member of the UK team. He started his career at J.P.Morgan in
London working in the M&A and Equity Capital Markets teams. Chris studied Economics and Politics
at Bristol University.
Fabrice Fouletier (Director, PAI representative)
Fabrice joined PAI in 2001 as a member of the Retail and Distribution Sector Team. He started his
career at Bankers Trust/Deutsche Bank working in the French Corporate Finance department, and
then in the European Acquisition Finance Group in Paris and London. Fabrice graduated from HEC
in 1998.
Maximilian Harrington (Director, PAI representative)
Maximillian joined PAI in 2016 as a member of the UK Team. He started his career at Goldman
Sachs in the Consumer and Retail M&A advisory team where he spent five years. Maximilian
graduated from the University of Sydney with first class Honours in Econometrics and a
specialisation in Finance.
Colm O’Sullivan (Director, PAI representative)
Colm joined PAI in 2006 and heads PAI’s UK Team. He started his career at Hambros Bank in
London and New York working on various debt capital market and advisory transactions. He then
moved to Deutsche Bank where he spent eight years in the Financial Sponsors Group working on a
number of advisory and financing transactions for European Private Equity Firms. Colm graduated
with a Bachelor of Science Degree (Hons) in Economics from the University of Ulster and has an
MBA from the Erasmus University in Rotterdam and Wharton Business School in Philadelphia.
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